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Unique survey data from a contingent valuation study conducted in three different countries (China, Sweden, and the … can be done to stop climate change. We also find that Sweden has the highest WTP for reductions of CO2, while China has …
Persistent link: https://www.econbiz.de/10008552183
-neutral shareholders and subject to limited liability, can exhibit self-insurance, and thus loan supply contracts when uncertainty …
Persistent link: https://www.econbiz.de/10011142078
Globalisation or market integration in Sub-Saharan Africa is closely linked to the structural adjustment programmes. In this paper we focus on their dependence on politics and institutional characteristics of the countries concerned. In particular, we argue that one important explanation for the...
Persistent link: https://www.econbiz.de/10005651702
This paper quantifies the economic impact of uncertainty shocks in the UK using data that span the recent Great Recession. We find that uncertainty shocks have a significant impact on economic activity in the UK, depressing industrial production and GDP. The peak impact is felt fairly quickly at...
Persistent link: https://www.econbiz.de/10010790244