Showing 1 - 10 of 1,508
bond issuers relative to other firms, but no difference for green loan and sustainability-linked loan borrowers. Green bond …, green loan, and sustainability-linked loan borrowers lower their emission intensity over time at a faster rate than other …
Persistent link: https://www.econbiz.de/10012605577
As climate change looms larger, many look to sustainable investing that incorporates environmental, social, and governance (ESG) concerns as part of the way forward. To assess scope for ESG-conscious investing to achieve climate change goals, we explore the link between emissions growth and ESG...
Persistent link: https://www.econbiz.de/10012605057
changes in a country’s terms of trade. An alternative indicator of fiscal sustainability is derived, and the principal factors … determining sustainability are identified. The results of the analysis are applied to Venezuela and Kuwait …
Persistent link: https://www.econbiz.de/10014400777
We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio … can be modified to create a more accurate representation of debt sustainability for a country that receives significant … remittance inflows. The main result is that inclusion of remittances into the traditional debt sustainability analysis alters the …
Persistent link: https://www.econbiz.de/10014402461
Unlike conventional fiscal sustainability assessments, the Value-at-Risk approach developed in this paper explicitly …
Persistent link: https://www.econbiz.de/10014403838
model is used to analyze the risk profile and sustainability of Australia''s public debt under different policies …
Persistent link: https://www.econbiz.de/10014404316
The main purpose of this paper is to provide an overview of approaches to assessing fiscal sustainability. It … which solvency is determined, tests of sustainability (including sustainability indicators), and sustainability and … uncertainty. The paper then looks at the way in which fiscal sustainability has been assessed in different types of IMF work …
Persistent link: https://www.econbiz.de/10014399921
This paper assesses the usefulness of summary measures of fiscal sustainability for the purpose of multilateral …. The measures are shown to highlight the inadequacy of using trends in public debt ratios to assess sustainability. However …
Persistent link: https://www.econbiz.de/10014397870
This paper examines the reasons why corruption and policy distortions tend to exhibit a high degree of persistence in certain regimes. We identify circumstances under which a firm seeks to evade regulations by (1) bribing of local inspectors, and (2) lobbying high-level government politicians to...
Persistent link: https://www.econbiz.de/10014400451
This paper empirically investigates the impact of tariffs when production is organized in global value chains. Using global input-output matrices, we construct four different tariff measures that capture the direct and indirect exposure to tariffs at different stages of the production chain for...
Persistent link: https://www.econbiz.de/10013170052