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This brief paper accompanies the Green Energy and Jobs tool, which is a simple excel-based tool to estimate the job-creation potential of greening the electricity sector. Specifically, it calculates the net job gains or losses from increasing the level of energy efficiency, and from increasing...
Persistent link: https://www.econbiz.de/10014082661
This paper investigates the connection between climate change and energy security in Europe and provides empirical evidence that these issues are the two faces of the same coin. Using a panel of 39 countries in Europe over the period 1980–2019, the empirical analysis presented in this paper...
Persistent link: https://www.econbiz.de/10014076819
-fold for the period 2021 to 2040, rivaling the total value of crude oil production. Metals are a potentially important input …
Persistent link: https://www.econbiz.de/10013306742
strategies, world oil prices would be higher but more stable …We study the optimal oil extraction strategy and the value of an oil field using a multiple real option approach. The … volatile. If the oil producer is risk averse, production is more stable, but spare capacity is much higher than what is …
Persistent link: https://www.econbiz.de/10013086007
This paper investigates the role of tax incentives towards debt finance in the buildup of leverage in the nonfinancial corporate (NFC) sector, using a large firm-level dataset. We find that so-called debt bias is a significant driver of leverage, for both small and medium-sized enterprises and...
Persistent link: https://www.econbiz.de/10012895074
This paper assesses the cyclicality and sustainability of fiscal policy in Belize and applies a stochastic simulation model to determine the optimal set of fiscal rules. The empirical analysis shows that fiscal policy in Belize has been significantly procyclical and unsustainable much of the...
Persistent link: https://www.econbiz.de/10012858382
In this paper we provide short- and long-run tax buoyancy estimates for 107 countries (distributed between advanced, emerging and low-income) for the period 1980-2014. By means of Fully-Modified OLS and (Pooled) Mean Group estimators, we find that: i) for advanced economies both long-run and...
Persistent link: https://www.econbiz.de/10012962148
Multidimensional assessment of human development is increasingly recognized as playing an important role in assessing well-being. The focus of analysis is on the indicators measuring the three dimensions of Human Development Index (HDI) - standard of living, education and health, and their...
Persistent link: https://www.econbiz.de/10012859863
The World Bank and the IMF have adopted a debt sustainability framework (DSF) to evaluate the risk of debt distress in …
Persistent link: https://www.econbiz.de/10013055260
end poverty, promote prosperity, and protect the environment. Goal 8 seeks to improve global resource efficiency in …
Persistent link: https://www.econbiz.de/10012924236