Haku
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Informational efficiency of the EU ETS market – a study of price predictability and profitable trading
(Taylor & Francis, 2014)
We study the informational efficiency of the European Emissions Trading Scheme, EU ETS market, by simulating the trading in this emerging market. If the market is efficient, profitable trading should only exist locally in ...
R&D Subsidies and Company Performance: Evidence from Geographic Variation in Government Funding Based on the ERDF Population-Density Rule
(MIT Press, 2014)
Despite the prevalence of R&D support programs, evaluation studies based on explicit differences in support allocation are rare. In this paper, the identification of the causal effect of R&D support on company performance ...