Title:CO2 Abatement from RES Injections in the German Electricity Sector: Does a CO2 price help?
Author(s):WEIGT, Hannes; DELARUE, Erik; ELLERMAN, A. DennyDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The overlapping impact of the Emission Trading System (ETS) and renewable energy (RE) deployment targets creates a classic case of interaction effects. Whereas the price interaction is widely recognized and has been ...
Title:Multilevel Governance of Interdependent Public Goods: Theories, rules and institutions for the central policy challenge in the 21st Century
Author(s):PETERSMANN, Ernst-Ulrich; PETERSMANN, Ernst-Ulrich; LAMY, Pascal; BORRELL, José; KAUL, Inge; KRATOCHWIL, Friedrich; WOUTERS, Jan; RAMOPOULOS, Thomas; ABBOTT, Frederick M.; PITARAKI, Anna; ESTY, Daniel; MOFFA, Anthony; HARTMANN, Moritz; PENCA, Jerneja; COTTIER, ThomasDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:This publication includes papers of an interdisciplinary conference in 2011 analysing multilevel governance problems of the international trading, environmental, development and rule-of-law systems as interdependent ...
Title:Factors that Influence the Targets and Criteria for Electricity Interconnector Investments
Author(s):SUPPONEN, MattiDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:This paper analysis various factors that influence electricity interconnector investments. It shows that several features linked to zonal market design, in particular the possibility to favour market participants in the ...
Title:The Family Rights of European Children: Expulsion of non-European parents
Author(s):DAVIES, Gareth T.Date:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:In Ruiz Zambrano and Dereci the Court found that the Treaty prohibits expulsion of a family member of a Union citizen if that expulsion would force the Union citizen to leave the Union too. This is of particular importance ...
Title:Technology Investment and Alternative Regulatory Regimes with Demand Uncertainty
Author(s):CAMBINI, Carlo; SILVESTRI, VirginiaDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:A vertically integrated incumbent and an OLO (Other Licensed Operator) dynamically compete in the market for broadband access. The incumbent has the option to invest in building a Next Generation Network that covers all ...
Title:Tight Volume Coupling: Analytical model, adverse flow causality and potential improvements
Author(s):JANSSEN, Tanguy; REBOURS, Yann; DESSANTE, PhilippeDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The European Market Coupling Company (EMCC) operates an interim tight volume coupling (ITVC) that implicitly allocates the interconnection capacities between Central West European (CWE) and Nordic (Nordpool) day-ahead ...
Title:Do Chinese SOEs and Private Companies Differ in Their Foreign Location Strategies?
Author(s):AMIGHINI, Alessia; RABELLOTTI, Roberta; SANFILIPPO, MarcoDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:We empirically analyze the host-country determinants of Chinese outbound foreign direct investments (ODI) in the period from 2003 to 2008, using disaggregated data by country and sector and distinguishing between State-owned ...
Title:Taxing Hidden Wealth: Lessons for policy making
Author(s):JOHANNESEN, NielsDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The past decade has seen several large-scale policy initiatives against offshore tax evasion and policy activity is still hectic. The present paper reviews available data sources on household wealth in offshore jurisdictions, ...
Title:Risk Spillovers and Hedging: Why do firms invest too much in systemic risk?
Author(s):WILLEMS, Bert; MORBEE, JorisDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:In this paper we show that free entry decisions may be socially ineffcient, even in a perfectly competitive homogeneous goods market with non-lumpy investments. In our model, inefficient entry decisions are the result of ...
Title:An Estimated DSGE Model of a Small Open Economy within the Monetary Union: Forecasting and structural analysis
Author(s):MARCELLINO, Massimiliano; RYCHALOVSKA, YuliyaDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:In this paper we lay out a two-region DSGE model of an open economy within the European Monetary Union. The model, which is built in the New Keynesian tradition, contains real and nominal rigidities such as habit formation ...
Title:International Financial Integration of South-Mediterranean Economies: A bird's-eye view
Author(s):PEETERS, Marga; SABRI, Nidal R.Date:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Should South-Mediterranean economies continue their financial integration in the world economy, considering their current stance and in view of the experiences of developed economies with the global financial crisis? The ...
Title:Should EU Citizens Living in other Member States Vote there in National Elections?
Author(s):BAUBOCK, Rainer; CAYALA, Philippe; SETH, CatrionaDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The core right of EU citizenship is freedom of movement within the territory of the Union. But EU citizens who live in a member state other than their homeland cannot vote in the national elections of that country unless ...
Title:Implementing Incentive Regulation and Regulatory Alignment with Resource Bounded Regulators
Author(s):GLACHANT, Jean-Michel; KHALFALLAH, Haikel; PEREZ, Yannick; RIOUS, Vincent; SAGUAN, MarceloDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:It is puzzling today to explain both the diversity and the rationale of regulators’ practice vis-à-vis network monopolies. We argue that two fundamental characteristics should be considered when defining the most appropriate ...
Title:The 2009 Presidential Election in Iran: Fair or foul?
Author(s):KHOSROKHAVAR, Farhad; LADIER-FOULADI, MarieDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Two major ideas are interwoven in this essay. The first is that fair elections under Ahmadinejad's government in Iran were highly improbable, even almost impossible. Still, the myth of fair elections was at the root of the ...
Title:Regulatory Reform and Corporate Control in European Energy Industries
Author(s):GARCÍA, John J.; TRILLAS, FrancescDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The deregulation process in the EU electricity sector triggered strategic decisions that led to industry restructuring. This paper presents preliminary evidence of the impact of this process on investors, using event studies ...
Title:The Impact of China on Manufacturing Exports of Italy and Germany
Author(s):GIOVANNETTI, Giorgia; SANFILIPPO, Marco; VELUCCHI, MargheritaDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:This paper analyses the impact of China on the export performance of Italy and Germany to their main trading partners in the OECD markets. Given a strong specialization in the manufacturing sector, these two countries are ...
Title:Global Security Challenges for Europe: Structural and strategic changes in energy markets and major implications
Author(s):COSTA SILVA, AntónioDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:This paper covers the analysis of the energy markets, emerging trends, oil price evolution and oil shocks and focus on the identification of the major energy game changers. Furthermore the issues of the energy security in ...