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We analyze the adoption of green technology in a dynamic economy affected by random shocks where demand spillovers are the main driver of technological improvements. Firms' beliefs and consumers' anticipations drive the path of the economy. We derive the optimal policy of investment subsidy and...
Persistent link: https://www.econbiz.de/10011657885
This paper presents a practical guide to public debt dynamics, fiscal sustainability, and cyclical adjustment of …
Persistent link: https://www.econbiz.de/10014401601
Persistent link: https://www.econbiz.de/10009550333
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attention to sustainable fashion, society is ripe to question the whims of fashion’s impact on sustainability. Is the luxury … moment of our time harmony with nature and practicing degrowth in recycling to cherish sustainability? Already in the … cycle theory and the creative entrepreneur portray a human-innate need for change and innovation as the spring feather of …
Persistent link: https://www.econbiz.de/10014076729
Monitoring economic conditions in real time, or nowcasting, is among the key tasks routinely performed by economists. Nowcasting entails some key challenges, which also characterise modern Big Data analytics, often referred to as the three "Vs": the large number of time series continuously...
Persistent link: https://www.econbiz.de/10012259379
consistently occur in the future and we expect that a more comprehensive understanding of their effects on long-term scenarios will …
Persistent link: https://www.econbiz.de/10012028421
Conditions ; Financial Crisis ; Fiscal Sustainability …
Persistent link: https://www.econbiz.de/10003899434
We extend previous work on the sustainability of the government's intertemporal budget constraint by allowing for non … large" budgetary unbalances are corrected. -- debt sustainability ; fiscal adjustment ; nonlinear models …
Persistent link: https://www.econbiz.de/10009683459
We extend previous work on the sustainability of the government's intertemporal budget constraint by allowing for non …
Persistent link: https://www.econbiz.de/10013065030