This paper analyzes how firm-specific uncertainty affects firms’ propensity to invest. We measure firm-specific uncertainty as firms’ absolute forecast errors derived from survey data of German manufacturing firms over 2007–2011. In line with the literature, our empirical findings reveal a...

This thesis aims at improving the current representation of adaptation in economic frameworks of climate change by a) accounting for the time-dependent evolution of the adaptive capacities of countries and b) quantifying unwelcome feedbacks of the adaptation process. In this context, it is...

Our study focuses on the Social Cost of Carbon in Relation to Climate Risk. Since information on the social cost of carbon and its effects on the climate is not easily accessible, we searched the internet for pertinent data sets. We have information on emissions from 470 oil and gas companies in...

We examine the value of climate forecasts to agricultural producers in a small watershed in southeast Alabama. To carry out the analysis, SWAT is used to divide the Kelly Creek watershed into 77 subwatersheds, according to soil type and topography; then APEX is used to simulate crop yield...

This book applies the multidisciplinary approaches of econometrics, statistics, finance and artificial intelligence for pricing and forecasting the carbon market in the context of managerial issues. It explores the related issues of pricing and forecasting the carbon market using theoretical...