BackBrowsing Ikerlanak by Subject "MACROECONOMICS AND MONETARY ECONOMICS"
Now showing items 1-6 of 6
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Income risk of EU coal-fired power plants after Kyoto
Abadie, Luis María; Chamorro Gómez, José Manuel
(2008-10)
Coal-fired power plants may enjoy a significant advantage relative to gas plants in terms of cheaper fuel cost. Still, this advantage may erode or even turn into disadvantage depending on CO2 emission allowance price. This ... -
Long-Term Growth and Persistence with Endogenous Depreciation: Theory and Evidence
Barañano Mentxaka, Ilaski; Romero-Avila, Diego (Departamento de Fundamentos dle Análisis Económico I, 2013)
Previous research has shown a strong positive correlation between short-term persistence and long-term output growth as well as between depreciation rates and long-term output growth. This evidence, therefore, contradicts ... -
Lowndes and Locke on the value of money
Ormazabal Sánchez, Kepa Mirena (2007)
In this paper I analyze the monetary theories underlying the arguments that Locke and Lowndes directed against each other during their discussions around the Great Recoinage of 1696. My primary place of interest is the ... -
Monte Carlo Valuation of natural gas investments
Abadie, Luis María; Chamorro Gómez, José Manuel (2006-07)
This paper deals with the valuation of energy assets related to natural gas. In particular, we evaluate a baseload Natural Gas Combined Cycle (NGCC) power plant and an ancillary instalation, namely a Liquefied Natural Gas ... -
The Ohlin-Keynes Debate on the German Interwar Reparations Revisited
Ormazabal Sánchez, Kepa Mirena (2008)
This paper analyzes the debate between Ohlin and Keynes on the question as to whether Germany was able to make the payments specified in the Dawes Plan. Keynes argued that Germany was able to collect the money but unable ... -
Valuing Flexibility: The case of an Integrated Gasification Combined Cycle Power Plant
Abadie, Luis María; Chamorro Gómez, José Manuel (2005-10)
In this paper we analyze the valuation of options stemming from the flexibility in an Integrated Gasification Combined Cycle (IGCC) Power Plant. First we use as a base case the opportunity to invest in a Natural Gas Combined ...