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On the Underestimation of the Precautionary Effect in Discounting
Gollier, Christian - 2011
Using the extended Ramsey rule, the socially efficient rate is the difference between a wealth effect and a precautionary effect of economic growth. This second effect is increasing in the degree of uncertainty affecting the future. In the literature, it is usually calibrated by estimating the...
Persistent link: https://www.econbiz.de/10013121828
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The relationship between firm-level climate change exposure, financial integration, cost of capital and investment efficiency
Agoraki, Konstantina K.; Giaka, Maria; Konstantios, … - In: Journal of international money and finance 141 (2024), pp. 1-24
Persistent link: https://www.econbiz.de/10014549806
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Carbon emissions and business cycles
Khan, Hashmat; Metaxoglou, Konstantinos; Knittel, … - In: Journal of macroeconomics 60 (2019), pp. 1-19
Persistent link: https://www.econbiz.de/10012240935
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Die Produktgestaltung von Klimaschutzfonds als nachhaltiges Anlageprodukt für Privatanleger : Eine empirische Analyse der Präferenzen und Produktanforderungen deutscher Retailanleg...
Steiauf, Thomas - 2017
Marktübersicht über Klimaschutzfonds und deren präferenzbasiertes Scoring -- Präferenzmessung mittels Conjoint-Analyse -- Bedeutung und Inhalt eines Labels für nachhaltige Fonds mit Bezug zum Klimaschutz.
Persistent link: https://www.econbiz.de/10014017965
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Government size and output volatility : should we forsake automatic stabilization?
Debrun, Xavier; Pisani-Ferry, Jean; Sapir, André - 2008
Persistent link: https://www.econbiz.de/10003713283
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The evolution of economic governance in EMU
Noord, Paul Joseph van den; Döhring, B.; Langedijk, S.; … - 2008
Persistent link: https://www.econbiz.de/10003728124
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Fixed versus flexible : lessons from EMS order flow
Killeen, William P.; Lyons, Richard K.; Moore, Michael J. - In: Journal of international money and finance 25 (2006) 4, pp. 551-579
Persistent link: https://www.econbiz.de/10003336482
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The price puzzle revisited : can the cost channel explain a rise in inflation after a monetary policy shock?
Henzel, Steffen; Hülsewig, Oliver; Mayer, Eric; … - In: Journal of macroeconomics 31 (2009) 2, pp. 268-289
Persistent link: https://www.econbiz.de/10003899902
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The introduction of the Euro and its effects on portfolio decisions
Haselmann, Rainer; Herwartz, Helmut - In: Journal of international money and finance 29 (2010) 1, pp. 94-110
Persistent link: https://www.econbiz.de/10003938662
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The impact of fiscal policy on private consumption and social outcomes in Europe and the CIS
Carmignani, Fabrizio - In: Journal of macroeconomics 30 (2008) 1, pp. 575-598
Persistent link: https://www.econbiz.de/10003665344