1. Refereed Journal // 2012

    Modeling and Explaining the Dynamics of European Union Allowance Prices at High-Frequency

    In this paper we model the adjustment process of European Union Allowance (EUA) prices to the releases of announcements at high-frequency controlling for intraday periodicity, volatility clustering and…

  2. Refereed Journal // 2012

    Earnings Losses After Non-Employment Increase With Age

    Germany has the highest unemployment rate of older people in comparison to the average unemployment rate of all developed economies. Obviously older people face stronger difficulties to re-enter the labour…