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This paper examines the impact of transition and physical climate risk on stock markets using, for the first time in this context, the annual CCPI index calculated by Germanwatch as well as its components (in addition to a wide range of other indices) for 48 countries from 2007 to 2023....
Persistent link: https://www.econbiz.de/10014564303
This study provides new evidence on the impact of climate physical risk (as measured by the Global Climate Risk Index (CRI) from Germanwatch) on stock market returns. Specifically, a panel model with fixed effects is estimated using annual data from 2007 to 2021 for a set of 65 countries as well...
Persistent link: https://www.econbiz.de/10014583812
Since the turn of the millennium the problem of credibility of the social security system has spread to the private pension funds sector. This is evident for those countries, like Australia and Iceland, that have very large funded pensions assets as a result of strong pension reforms. The...
Persistent link: https://www.econbiz.de/10010265691
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The current and future performance of regional health systems is responsible for increasing health costs and it depends on a wide range of contextual factors. Studies on regional health productive performance and on different health systems are scarce. This paper focuses on the efficiency of...
Persistent link: https://www.econbiz.de/10012945361
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This paper investigates the impact in the short/medium term of M&As made by 14 Italian banks quoted on the stock exchange for the period 1999-2016. After dividing the banks into two groups by size and degree of internationalisation, we sought to ascertain whether different initial conditions...
Persistent link: https://www.econbiz.de/10014501003
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This paper investigates the determinants of interregional migration in Italy for the period 1985-2006, during which different migration trends took place. In so doing, in addition to the traditional variables of Harris and Todaro model, the impact of housing prices and externalities variables...
Persistent link: https://www.econbiz.de/10008529215