Showing 1 - 10 of 25
For decades after founding the ECSC (1951) the member states have relegated the issue of joint supranational energy …, European states gradually consolidated their position in favour of supranational energy policy development. This paper presents … an analysis of developments in EU energy policy given the ongoing realignment of strategic interest. It outlines the …
Persistent link: https://www.econbiz.de/10010884517
During the Greek economic crisis a focus on energy practice highlights the temporal complexities of local coping … strategies. Re-launched in 2011, the European Union supported solar energy initiative encourages installation of futuristic, high …-modernity, and pre-Europeanization. Energy practice provides a prism through which to discuss increased social suffering and reassess …
Persistent link: https://www.econbiz.de/10010884697
During the Greek economic crisis a focus on energy practice highlights the temporal complexities of local coping … strategies. Re-launched in 2011, the European Union supported solar energy initiative encourages installation of futuristic, high …-modernity, and pre-Europeanization. Energy practice provides a prism through which to discuss increased social suffering and reassess …
Persistent link: https://www.econbiz.de/10010735154
For decades after founding the ECSC (1951) the member states have relegated the issue of joint supranational energy …, European states gradually consolidated their position in favour of supranational energy policy development. This paper presents … an analysis of developments in EU energy policy given the ongoing realignment of strategic interest. It outlines the …
Persistent link: https://www.econbiz.de/10004991165
This paper explores the sources of uncertainty that cause firms to revise their capital investment plans and the stock … market to revise its valuation of those firms. A simple method is developed to decompose the uncertainty governing revisions … idiosyncratic uncertainty, but common disturbances are more important for movements in the stock market rate of return. …
Persistent link: https://www.econbiz.de/10010884677
This paper investigates the relationship between infation uncertainty and investment using a panel of loan-level data … aggregates. The data show that periods of increased inflation uncertainty are associated with substantial reductions in total … models of investment under uncertainty. …
Persistent link: https://www.econbiz.de/10010884740
This paper shows that, with (partial) irreversibility, higher uncertainty reduces the impact effect of demand shocks on … investment. Uncertainty increases real option values making firms more cautious when investing or disinvesting. This is confirmed … both numerically for a model with a rich mix of adjustment costs, time-varying uncertainty, and aggregation over investment …
Persistent link: https://www.econbiz.de/10010928730
households reacted to the increase in uncertainty about the future path of income that such an event produced. Our estimates are …
Persistent link: https://www.econbiz.de/10010928811
Persistent link: https://www.econbiz.de/10011274872
Uncertainty appears to vary strongly over time, temporarily rising by up to 200% around major shocks like the Cuban … Missile crisis, the assassination of JFK and 9/11. This paper offers the first structural framework to analyze uncertainty …. The parameterized model is then used to simulate a macro uncertainty shock, which produces a rapid drop and rebound in …
Persistent link: https://www.econbiz.de/10010744930