News

20-06-2019
Copenhagen Economics comments on an Oxera report on the price of market data

The provision of market data is an increasingly debated topic both within the industry and among policymakers. In autumn 2018, Copenhagen Economics published the report “Pricing of market data”, commissioned by the Danish and Swedish Security Dealers Associations. In short, the report finds that market data costs are rapidly increasing and give rise to less transparent and efficient financial markets.

In spring 2019, Oxera published the report “The design of equity trading markets in Europe”, commissioned by the Federation of European Securities Exchanges (FESE). The report addresses many of the same topics as the Copenhagen Economics report.

In this memo, we briefly provide our five main comments to the report from Oxera. 

For further information, please contact Jonas Bjarke Jensen

13-06-2019
New study: Clinical trials by pharmaceutical companies deliver value to the Swedish society

On average, a clinical trial improves the Swedish GDP by SEK 1m and the public budget by SEK 0,9m. The positive economic effects arise from trials conducted in Sweden through several drivers; by contributing to more and better healthcare, by creating highly productive jobs and by drug costs savings.

In this study, we were asked to quantify the value generated by clinical trials in Sweden to shed light on the benefits of conducting trials. We find, that on top of economic benefits, clinical trials further has a positive effect on competency development in the health care sector as well as on future research.

Learn more about the study

For further information, please contact Sofia Nyström

13-06-2019
New study: Nordic metal and paper industries are particularly at risk of carbon leakage

The Nordic industries that are most at risk of carbon leakage are aluminium and copper, basic iron and steel, and paper. Further, these industries have on average reduced energy intensity by 28% since 2008.

Carbon leakage is a situation in which a policy-induced reduction in CO2 emissions domestically is followed by increased emissions abroad, meaning that global CO2 emissions are not reduced but merely moved from one region to another. In this study, we assess the risk of carbon leakage in Nordic industries based on a number of indicators related to cost implications of policy-induced reductions and international competitive pressure. 

Learn more about the study

For further information, please contact Sigurd Næss-Schmidt

13-06-2019
New vacancy: Research Assistant for our Copenhagen office

We are looking for a colleague to join our team of students at our Copenhagen office. You'll be joining our 'Market' team whom among other things focus on our services within competition, postal & delivery, and tender & auction support.

At Copenhagen Economics, you will get the opportunity to have a direct impact, working for some of the most influential institutions, organisations and enterprises across Europe and beyond.

Learn more about this position

For further information and questions, please contact Max Langer or Stine Fechtenburg

12-06-2019
Charlotte Skovgaard Kjærulff joins Copenhagen Economics

Copenhagen Economics has hired Charlotte Skovgaard Kjærulff as Analyst. She joins our Copenhagen office.

Charlotte recently finished her M.Sc. in Economics at Aarhus University. During her studies, she worked as a Student Assistant at Arla Foods, performing analysis of monthly financials in European markets. Charlotte joins our Finance & Tax team.