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The purpose of the present paper is to describe the role of uncertainty and technical change in an environmental context. Which impact does ecological uncertainty have on physical and R&D investments' decisions? How are pollution trajectories modified when uncertainty is taken into account? To...
Persistent link: https://www.econbiz.de/10011608823
über die Betriebs- bis hin zur Landschaftsebene als eine entscheidende Maßnahme zur Anpassung an den Klimawandel … fundierte Aussagen über eine mögliche Versicherungsfunktion von Elementen der Agrobiodiversität gegenüber dem Klimawandel …
Persistent link: https://www.econbiz.de/10010512991
veröffentlichten Fachartikeln. Durch die gegenwärtig öffentlich geführte Diskussion zum Thema Klimawandel stehen europäische … Anpassungsstrategien an den Klimawandel'. …
Persistent link: https://www.econbiz.de/10010291572
The situation of a limited availability of historical data is frequently encountered in portfolio risk estimation …, especially in credit risk estimation. This makes it, for example, difficult to find temporal structures with statistical … into account. The modelling framework is based on multivariate elliptical processes which model portfolio risk via sub …
Persistent link: https://www.econbiz.de/10010295926
publicly available databases for the world, Asia-Pacific, and the Philippines, the case examined in detail. The risks of these … are at the greatest risk, with the heaviest toll on low- and lower-middle-income economies. These catastrophes threaten …
Persistent link: https://www.econbiz.de/10011421245
(China, India, Russia, Brazil) on the other. …
Persistent link: https://www.econbiz.de/10010264483
Weltweit werden etwa 3 Billionen US-Dollar staatlicher Hilfen ausgegeben, um den Absturz der Weltwirtschaft abzubremsen. Dieser Nachfrageschub von 4,7 Prozent des Welteinkommens hat zuallererst die Aufgabe, die Spirale gestrichener Investitionspläne, reduzierter Produktion, gesunkener...
Persistent link: https://www.econbiz.de/10010300031
population growth rates produce better outcomes. China and India play a central role on poverty reduction and global inequality …. While high economic growth rates in China and India may lift millions out of poverty, high population growth and stagnation …
Persistent link: https://www.econbiz.de/10010272101
The goal of the Basle II regulatory formula is to model the unexpected loss on a loan portfolio. The regulatory formula is based on an asymptotic portfolio unexpected default rate estimation that is multiplied by an estimate of the loss given default parameter. This simplification leads to a...
Persistent link: https://www.econbiz.de/10010322310
This paper employs the methodology of Wilson (1997) on Hungarian data to conduct a macro stress test in relation to banks' corporate loan portfolio. First, sector specific models of bankruptcy are estimated, where the bankruptcy frequency is linked to the general health of the economy. Data on...
Persistent link: https://www.econbiz.de/10010322432