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dc.contributor.authorChevallier, Julien
HAL ID: 7536
dc.date.accessioned2011-09-16T13:34:09Z
dc.date.available2011-09-16T13:34:09Z
dc.date.issued2011-04
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/6972
dc.language.isoenen
dc.subjectCarbon Priceen
dc.subjectBanking Borrowingen
dc.subjectEnergy Pricesen
dc.subjectMacroeconomyen
dc.subjectFinancial Marketsen
dc.subjectEconometricsen
dc.subject.ddc333en
dc.subject.classificationjelC01en
dc.subject.classificationjelG01en
dc.subject.classificationjelQ40en
dc.subject.classificationjelQ54en
dc.titleCarbon Price Drivers : An Updated Literature Reviewen
dc.typeDocument de travail / Working paper
dc.description.abstractenSince the creation of the European Union Emissions Trading Scheme (EU ETS) in 2005, a burgeoning academic literature has emerged to identify the factors that shape the price of carbon, where one European Union Allowance is equal to one ton of CO2-equivalent emitted in the atmosphere. Thus, there is a need for an updated and thorough literature review on the state-of-the-art on topic that this paper aims to fulfill. Namely, we consider the main econometric studies that have been recently published in the academic literature, which feature the influence of the following determinants to explain the variation of the price of carbon: institutional decisions; energy prices and weather events; macroeconomic and financial market shocks. The paper concludes with some directions for future research in this area.en
dc.publisher.nameUniversité Paris-Dauphine
dc.publisher.cityParis
dc.identifier.citationpages9en
dc.identifier.urlsitehttp://halshs.archives-ouvertes.fr/halshs-00586513/fr/en
dc.description.sponsorshipprivateouien
dc.subject.ddclabelEconomie de la terre et des ressources naturellesen


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