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Climate change constitutes one of the major challenges to humankind in the 21st century. To address this crisis, it is necessary to transform the economy and reduce greenhouse gas emissions. The finance industry has the potential to play a central role in this transformation by implementing...
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an unanticipated change in the household economy of those that influence the tourism market in the region. Proposed …
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tourism and reducing the revenue gap in tourism sector during the pandemic crisis. Research methodology - The effects of … tourism entities. Findings - The results confirm the positive effect of systemically important institutions buffer (SIB) on … reducing the losses in tourism. The impulse response showed the significant impact of SIB on revenue gap (RG) reduction …
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This study examines the macro drivers of the time-varying (dynamic) connectedness between eleven European tourism … estate activity. Further, economic and political uncertainty is found to intensify the macro effects on tourism correlations … crash, also magnify the impact of macro drivers on the evolution of co-movement and integration in the tourism sector. …
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tourism system has in the main retained its past vitality although in some cases in a different form. The book investigates … different kinds of ""crisis"" and unpacks understandings of crisis in relation to various components in the contemporary tourism … system. The aim of this book therefore is to critically analyse the relationship between tourism and …
Persistent link: https://www.econbiz.de/10011828450
This paper builds a framework to quantify the financial stability implications of climate-related transition risk in Colombia. We explore risks imposed on the banking system based on scenarios of an increase in the domestic carbon tax by using bank- and firm-level data. Focusing on the...
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