Nonlinearity in cap-and-trade systems: The EUA price and its fundamentals

Energy Economics

Volumn 40, Issue , 2013, Pages 222-232

  Lutz, Benjamin Johannes ^a   Pigorsch, Uta ^b   Rotfuß, Waldemar ^c  

^a CENTRE FOR EUROPEAN ECONOMIC RESEARCH ZEW   (Germany)

^b UNIVERSITY OF MANNHEIM   (Germany)

^c Freudenberg SE   (Germany)

Author keywords

EU ETS; EUA price fundamentals; Markov regime switching

Indexed keywords

ECONOMIC ACTIVITIES; ECONOMIC OUTLOOK; ENERGY PRICES; HIGH VOLATILITY; INSTITUTIONAL CHANGE; MARKOV REGIME-SWITCHING; NONLINEAR RELATIONS; PRICE FUNDAMENTALS;

COMMERCE; ECONOMICS; GAS EMISSIONS;

COSTS;

ECONOMIC ACTIVITY; ENERGY MARKET; EUROPEAN UNION; MACROECONOMICS; MARKOV CHAIN; PRICE DYNAMICS; STOCK MARKET;

EUROPE;

EID: 84881091715     PISSN: 01409883     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.eneco.2013.05.022     Document Type: Article

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