Publication

Oct 2010

Being halfway through Phase II (2008--2012) and relying on a more mature market, we use more reliable data to investigate the extent to which allowance price dynamics can be explained by market fundamentals. We empirically test for the influence of fuel prices, economic activity, and weather variations.

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Author Wilfried Rickels, Dennis Görlich, Gerrit Oberst
Series Kiel Institute Working Papers
Issue 1650
Publisher Kiel Institute for the World Economy
Copyright © 2010 Kiel Institute for the World Economy
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