This paper examines the efficient market hypothesis for the wine market using a novel unit root test while accounting for sharp shifts and smooth breaks in the monthly data. We find evidence of structural shifts and nonlinearity in the wine indices. Contrary to the results from conventional...

The aim of this study is to understand the effect of the recent novel coronavirus pandemic on investor herding behavior in global stock markets. Utilizing a daily newspaper-based index of financial uncertainty associated with infectious diseases, we examine the association between...

The aim of this report is to contribute to the understanding of the link between climate change and health by examining the impact of temperature changes on health and healthcare utilisation in Ireland. While there are multiple dimensions of climate change that may affect health (e.g.,...

This study uses a Computable General Equilibrium (CGE) model to analyse how mitigation and adaptation strategies affect climate change impacts in Ireland. Five impacts-coastal flooding, riverine flooding, heat on labour productivity, human health, and agricultural productivity-are incorporated,...

This paper presents updated and newly derived estimates using various impact models, including biophysical and econometric models, to evaluate the direct economic costs of climate change in Ireland. The estimates are completed for five climate impacts: sea level rise, heat effects on labour...

To achieve the agreed goals of the Paris Climate Agreement, Ireland has taken significant steps through its ambitious climate legislation. While setting climate policies is paramount to ensure a transition to a low carbon economy, creating a better understanding of the future climate, the...

Designing and implementing effective and efficient climate policies requires an understanding of climate change impacts. However, the estimation of climate change impacts remains lacking, without an understanding of the sectoral details of climate change impacts and their further impacts on the...

Climate change poses a significant threat to Ireland, with far-reaching implications for its environment, people, and economy. Consequently, proactive measures are important to mitigate and adapt to these impacts. This paper analyses potential adaptation options and their associated costs and...

The authors examine the relation between price returns and volatility changes in the Bitcoin market using a daily database denominated in various currencies. The results for the entire period provide no evidence of an asymmetric return-volatility relation in the Bitcoin market. They test if...

The authors examine the relation between price returns and volatility changes in the Bitcoin market using a daily database denominated in US dollar. The results for the entire period provide no evidence of an asymmetric return-volatility relation in the Bitcoin market. The authors test if there...