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Knowing what is at stake in terms of likely damages from accumulating greenhouse gases, how can major emitters fail to reach agreement on limits? Bargaining analysis suggests that an uneven distribution of abatement costs over time may play a significant part. Using a stylized,...
Persistent link: https://www.econbiz.de/10010848105
Of the various ways in which energy enters into American foreign policy, the most important for national security is … Middle East. In comparison, other energy-related foreign policy problems, such as the tendency toward proliferation of …- ences to other energy matters. The final section, dealing with the United States, will present certain conclusions …
Persistent link: https://www.econbiz.de/10010836867
The purpose of this paper is to investigate how mainstream economics educates students pertaining to energy, the …
Persistent link: https://www.econbiz.de/10010669797
others, the ‘era of free flow,’ the ‘era of limited flow,’ ‘energy conflicts,’ the ‘commercialization of arms exports,’ the …
Persistent link: https://www.econbiz.de/10005836969
Over the past century, the institution of capital and the process of its accumulation have been fundamentally transformed. By contrast, the theories that explain this institution and process have remained largely unchanged. The purpose of this paper is to address this mismatch. Using a broad...
Persistent link: https://www.econbiz.de/10005621372
Persistent link: https://www.econbiz.de/10003805638
This study examines the nature of interdependence, and return and volatility spillovers, for three Indian exchange rates: US dollar (USD), Euro and British Pound. We use the spillover index methodology of Diebold and Yilmaz (2009) to analyse precisely and independently the returns and volatility...
Persistent link: https://www.econbiz.de/10009352440
international competition from EU, Japan, and later from China and the other emerging economies had played a pivotal role in the …-term harmful effects for the global economy. In addition, the inability of the EU to establish an optimal currency area has …
Persistent link: https://www.econbiz.de/10009352458
In 1991, the European Union undertook to form a full-fledged monetary union. It established the European Monetary Union with a European Central Bank (ECB) at its apex and a mandate to pursue price stability. The European regime differs from the US Federal Reserve System, which must pursue high...
Persistent link: https://www.econbiz.de/10010669628