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jedoch einen paradigmatischenWandel in den Wertschöpfungsketten der Landwirtschaft und ihrer Finanzierung: eine "große … nicht nachhaltigen Landwirtschaft. Daneben wird ein mutiger Ansatz für die ESG-Investition öffentlicher Mittel und Maßnahmen …
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Central banks and financial supervisors approach "green finance" mostly to preserve macroeconomic and financial stability according to their mandates. Obviously, climate change poses severe risks to households, firms and their financial intermediaries. These risks tend to be correlated and their...
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Short term climate events such as the sea surface temperature anomaly known as El Niño are financial risk sources … leading to incomplete markets. To make such risk tradable, we use a market model in which a climate index provides an extra … investment option. Given one possible market price of risk each agent can maximize the exponential utility from three sources of …
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Standardabweichungen zu testen. Wir erweitern die bestehende Literatur, indem wir zahlreiche Charakteristika identifizieren, die Risiko und … to explain cryptocurrency risk and return. …
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reliance of European investors on banks and build up a market-based risk-sharing channel between member states. Our empirical … provide evidence that (i) financial flows are generally pro-cyclical; (ii) market-based risk-sharing mechanisms tend to break … systemic financial crisis. During the Great Recession, failing market risk-sharing was replaced by the ECB through the cross …
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