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EU ETS Market Expectations and Rational Bubbles

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  • Wegener, Christoph
  • Kruse-Becher, Robinson
  • Klein, Tony

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  • Wegener, Christoph & Kruse-Becher, Robinson & Klein, Tony, 2024. "EU ETS Market Expectations and Rational Bubbles," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302359, Verein für Socialpolitik / German Economic Association.
    • Handle: RePEc:zbw:vfsc24:302359
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    1. Zhao, Jinhua, 2003. "Irreversible abatement investment under cost uncertainties: tradable emission permits and emissions charges," Journal of Public Economics, Elsevier, vol. 87(12), pages 2765-2789, December.
    2. Seifert, Jan & Uhrig-Homburg, Marliese & Wagner, Michael, 2008. "Dynamic behavior of CO2 spot prices," Journal of Environmental Economics and Management, Elsevier, vol. 56(2), pages 180-194, September.
    3. Hitzemann, Steffen & Uhrig-Homburg, Marliese, 2018. "Equilibrium Price Dynamics of Emission Permits," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 53(4), pages 1653-1678, August.
    4. Marc Chesney & Luca Taschini, 2012. "The Endogenous Price Dynamics of Emission Allowances and an Application to CO 2 Option Pricing," Applied Mathematical Finance, Taylor & Francis Journals, vol. 19(5), pages 447-475, November.
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    7. Harvey, David I. & Leybourne, Stephen J. & Sollis, Robert & Taylor, A.M. Robert, 2016. "Tests for explosive financial bubbles in the presence of non-stationary volatility," Journal of Empirical Finance, Elsevier, vol. 38(PB), pages 548-574.
    8. Baudry, Marc & Faure, Anouk & Quemin, Simon, 2021. "Emissions trading with transaction costs," Journal of Environmental Economics and Management, Elsevier, vol. 108(C).
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    16. Rickels Wilfried & Görlich Dennis & Peterson Sonja, 2015. "Explaining European Emission Allowance Price Dynamics: Evidence from Phase II," German Economic Review, De Gruyter, vol. 16(2), pages 181-202, May.
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    19. Marc Chesney & Jonathan Gheyssens & Anca Claudia Pana & Luca Taschini, 2016. "Environmental Finance and Investments," Springer Texts in Business and Economics, Springer, edition 2, number 978-3-662-48175-2, July.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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