Co-Movement Analysis of Italian and Greek Electricity Market Wholesale Prices by Using a Wavelet Approach

Co-Movement Analysis of Italian and Greek Electricity Market Wholesale Prices by Using a Wavelet Approach

We study the co-evolution of the dynamics or co-movement of two electricity markets, the Italian and Greek, by studying the dynamics of their wholesale day-ahead prices, simultaneously in the time-frequency domain. Co-movement is alternatively referred as market integration in financial economics an...

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Bibliographic Details
Main Authors: George P. Papaioannou, Christos Dikaiakos, George Evangelidis, Panagiotis G. Papaioannou, Dionysios S. Georgiadis
Format: Article
Language:English
Published: MDPI AG 2015-10-01
Series:Energies
Subjects:
electricity markets
co-movement
wavelets
dynamic correlation
cohesion
european target model
flows against price differential
Online Access:http://www.mdpi.com/1996-1073/8/10/11770

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http://www.mdpi.com/1996-1073/8/10/11770

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