Narrow search
Showing 1 - 10 of 81
Cover Image
Climate engineering under deep uncertainty and heterogeneity
Emmerling, Johannes; Manoussi, Vassiliki; Xepapadeas, … - 2016
Climate Engineering, and in particular Solar Radiation Management (SRM) has become a widely discussed climate policy option to study in recent years. However, its potentially strategic nature and unforeseen side effects provide major policy and scientific challenges. We study the role of the SRM...
Persistent link: https://www.econbiz.de/10011546706
Cover Image
Climate change financial risks : pricing and portfolio allocation
Karydas, Christos; Xepapadeas, Anastasios - 2019 - This version: October 2019
increasing risk premium. We also show that, with the observed trends in climate change, macroeconomic risk works as a hedge … against catastrophic climate change, such that the aggregate equity premium may remain unaltered. The transition risk of …
Persistent link: https://www.econbiz.de/10012138106
Cover Image
Climate engineering under deep uncertainty
Manoussi, Vassiliki; Xepapadeas, Anastasios; Emmerling, … - In: Journal of economic dynamics & control 94 (2018), pp. 207-224
Persistent link: https://www.econbiz.de/10012004389
Cover Image
Pricing climate change risks : CAPM with rare disasters and stochastic probabilities
Karydas, Christos; Xepapadeas, Anastasios - 2019
that lead to these assets becoming stranded. Our result suggest that climate change implies a positive and increasing risk … risk. Transition risks lower substantially the participation of carbon intensive assets in the market portfolio, which …
Persistent link: https://www.econbiz.de/10011962146
Cover Image
Climate change financial risks : implications for asset pricing and interest rates
Karydas, Christos; Xepapadeas, Anastasios - In: Journal of financial stability 63 (2022), pp. 1-14
Persistent link: https://www.econbiz.de/10014371924
Cover Image
Carbon boards and transition risk: explicit and implicit exposure implications for total stock returns and dividend payouts
Mazzarano, Matteo; Guastella, Gianni; Pareglio, Stefano; … - 2021
The Security and Exchange Commission (SEC) has considered climate change as a risk issue since 2010. Several emission … financial performances, especially of listed companies. There are two ways these companies can disclose their transition risk … exposure and are not alternatives. One is the explicit declaration of exposure to transition risk in the legally binding …
Persistent link: https://www.econbiz.de/10012694482
Cover Image
Regional climate policy under deep uncertainty : robust control and distributional concerns
Brock, William A.; Xepapadeas, Anastasios - In: Environment and development economics 26 (2021) 3, pp. 211-238
Persistent link: https://www.econbiz.de/10012523162
Cover Image
Climate Engineering Under Deep Uncertainty and Heterogeneity
Emmerling, Johannes - 2017
Climate Engineering, and in particular Solar Radiation Management (SRM) has become a widely discussed climate policy option to study in recent years. However, its potentially strategic nature and unforeseen side effects provide major policy and scientific challenges. We study the role of the SRM...
Persistent link: https://www.econbiz.de/10012968338
Cover Image
Pricing Climate Change Risks : CAPM with Rare Disasters and Stochastic Probabilities
Karydas, Christos; Xepapadeas, Anastasios - 2019
risk premium, with the overall equity premium depending on the volatility of the stochastic process that governs climate … change risk. Transition risks lower substantially the participation of carbon intensive assets in the market portfolio, which …
Persistent link: https://www.econbiz.de/10014108526
Cover Image
Temperature targets, deep uncertainty and extreme events in the design of optimal climate policy
Agliardi, Elettra; Xepapadeas, Anastasios - In: Journal of economic dynamics & control 139 (2022), pp. 1-19
Persistent link: https://www.econbiz.de/10013464797