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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/28010
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Rotfuß, Waldemar | | en_US |
| dc.contributor.author | | Conrad, Christian | | en_US |
| dc.contributor.author | | Rittler, Daniel | | en_US |
| dc.date.accessioned | | 2009-09-14 | | en_US |
| dc.date.accessioned | | 2009-09-22T11:41:07Z | | - |
| dc.date.available | | 2009-09-22T11:41:07Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/28010 | | - |
| dc.description.abstract | | This paper empirically examines price formation in the European Union Emissions Trading Scheme (EU ETS). Our analysis shows that unexpected allocations of European Union Allowances (EUAs) lead to pronounced price reactions of the expected signs. Moreover, we find evidence that the adjustment of EUA prices to the European Commission's decisions on second National Allocation Plans (NAPs) is not instantaneous, but takes up to six hours after the decision announcement. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Zentrum für Europäische Wirtschaftsforschung (ZEW) Mannheim | | en_US |
| dc.relation.ispartofseries | | ZEW Discussion Papers 09-045 | | en_US |
| dc.subject.jel | | G13 | | en_US |
| dc.subject.jel | | G14 | | en_US |
| dc.subject.jel | | G15 | | en_US |
| dc.subject.jel | | G17 | | en_US |
| dc.subject.jel | | G19 | | en_US |
| dc.subject.jel | | Q4 | | en_US |
| dc.subject.jel | | Q5 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | EU ETS | | en_US |
| dc.subject.keyword | | price formation | | en_US |
| dc.subject.keyword | | European Union Allowance (EUA) | | en_US |
| dc.subject.keyword | | European Commission | | en_US |
| dc.subject.stw | | Emissionsrechte | | en_US |
| dc.subject.stw | | Preis | | en_US |
| dc.subject.stw | | Allokation | | en_US |
| dc.subject.stw | | EU-Umweltpolitik | | en_US |
| dc.subject.stw | | Ankündigungseffekt | | en_US |
| dc.subject.stw | | EU-Staaten | | en_US |
| dc.title | | The European Commission and EUA prices: a high-frequency analysis of the EC's decisions on second NAPs | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 608694541 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| dc.identifier.repec | | RePEc:zbw:zewdip:09045 | | - |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
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