This study assesses the economy-wide impacts of cutting CO2 emissions on the Brazilian economy. It finds that in 2040, the business-as-usual CO2 emissions from energy use and industrial processes would be…
This paper provides an explanation of why garbage as a measure of consumption implies a several times lower coefficient of relative risk aversion in the consumptionbased asset pricing model than consumption…
During recent years the question of legal standing of consumer associations in the course of private cartel damage claims has increasingly attracted attention within the European Commission (EC). The European…
Intangible assets constitute a major input and value-driver for multinational firms. Often, the related intellectual property does not have a clear geographical location and firms use this flexibility to…
The chemical industry in Germany is one of the most innovative sectors of the German economy. Four out of five chemical companies introduce innovations on a regular basis, and more than 60 per cent continuously…