A recent line of research in environmental and resource economics deals with the analysis of the so-called product-related environmental policy, i.e. the regula

This book offers a novel perspective that allows to incorporate changing consumption and production structure into models of economic growth. Starting from the

The Area of Research and the Object of Investigation In this thesis we will investigate trading strategies in illiquid markets from a market microstructure pers

Statistical analysis of stock markets and foreign exchange markets has demonstrated the intermittent nature of economic time series. A nonlinear model of busine