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July 7, 2014

Targeted advertising, platform competition and privacy

Targeted advertising can benefit consumers through lower prices for access to websites. Yet, if consumers dislike that websites collect their personal information, their welfare may go down.

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July 7, 2014

Targeted advertising, platform competition and privacy

Targeted advertising can benefit consumers through lower prices for access to websites. Yet, if consumers dislike that websites collect their personal information, their welfare may go down.

No title
April 17, 2014

Cross-Country Insurance Mechanisms in Currency Unions: An Empirical Assessment

Countries in a monetary union can adjust to shocks either through internal or external mechanisms.

No title
December 10, 2013

Optimal bail-out policies under renegotiation

We study how the possibility of renegotiation affects optimal bail-out policies for countries under asymmetric information on a country's cost of reforms.

No title
December 10, 2013

Optimal bail-out policies under renegotiation

We study how the possibility of renegotiation affects optimal bail-out policies for countries under asymmetric information on a country's cost of reforms.

No title
December 15, 2006

Liberalisation of European energy markets: challenges and policy options

The European electricity and gas markets have been going through a process of liberalisation since the early 1990s.

February 24, 2006

NATGAS: a model of the European natural gas market

In this memorandum, we discuss the theoretical background as well as the model specifications of the NATural GAS model.