1. Refereed Journal // 2017

    The Impact of Administrative Transaction Costs in the EU Emissions Trading System

    This paper empirically investigates the impact of transaction costs for monitoring, reporting, and verification (MRV) of emissions on companies regulated by the EU Emissions Trading System (EU ETS) in Germany.…

  2. ZEW Discussion Paper No. 17-058 // 2017

    Imitation Perfection – A Simple Rule to Prevent Discrimination in Procurement

    Procurement regulation aimed at curbing discrimination requires equal treatment of sellers. However, Deb and Pai (2017) show that such regulation imposes virtually no restrictions on the ability to discriminate.…

  3. Refereed Journal // 2016

    Inflation uncertainty, disagreement and monetary policy: Evidence from the ECB Survey of Professional Forecasters

    We analyze the determinants of average individual inflation uncertainty and the cross-sectional variance of point forecasts (“disagreement”) based on data from the European Central Bank's Survey of Professional…