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The risk of policy tipping and stranded carbon assets

Ploeg, Frederick van der; Rezai, Armon - 2019 - Revised July 2019

If global warming is to stay below 2°C, there are four risks of assets stranding. First, substantial fossil fuel reserves will be stranded at the end of the fossil era. Second, this will be true for exploration capital too. Third, unanticipated changes in present or expected future climate...

Persistent link: https://www.econbiz.de/10012039083

Persistence in the market risk premium : evidence across countries

Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; … - 2020

This paper provides evidence on the degree of persistence of one of the key components of the CAPM, namely the market risk premium, as well as its volatility. The analysis applies fractional integration methods to data for the US, Germany and Japan, and for robustness purposes considers...

Persistent link: https://www.econbiz.de/10012199998

Das Problem weltmarktlicher Arzneimittelversorgung : ein Vergleich alternativer Argumentationsstrategien für eine globale Ethik

Pies, Ingo; Hielscher, Stefan - 2007

Ansatz einer ökonomischen Theorie der Moral. Untersucht wird, wie die beiden Ansätze dem moralischen Anliegen vorarbeiten …, die internationale Versorgung mit Arzneimitteln zu verbessern, d.h. wie sie als Theorie dem praktischen Missstand … einer ökonomischen Theorie der Moral primär darin, dass in armen Ländern vielfach die institutionellen Voraussetzungen …

Persistent link: https://www.econbiz.de/10011757912

The international provision of pharmaceuticals: a comparison of two alternative theoretical strategies for global ethics

Pies, Ingo; Hielscher, Stefan - 2007

Millions of people in the developing world lack access to curative drugs. Thomas Pogge identifies the cause for this … countries hinder the poor from expressing their needs as actual demand on the market. From a theory point of view, the major …