Showing 1 - 10 of 1,706
uncertainty with respect to the timing and the size of an adverse weather shock. We subsequently calibrate the model to match the …
Persistent link: https://www.econbiz.de/10013001166
We show that economies may exhibit a strong endogenous macroeconomic adaptation response to climate change. If climate change induces a structural change to the more productive sector, economies can benefit from climate change though productivities in both sectors are reduced. If climate change...
Persistent link: https://www.econbiz.de/10012992447
Economic growth of China and India has been extensively studied by researchers; however, most of the existing studies focused on growth trends. The aim of this paper is to identify the core sectors of both economies and impact of the Asian financial crisis 1997 and global financial crisis 2008...
Persistent link: https://www.econbiz.de/10013060095
Support from local citizens is important for the scale-up of renewable energy. We investigate the impact of utility … implications for policymakers that want to advocate for renewable energy in their towns. While for solar, the main benefit … constitutes a short-term increase in low-skilled employment and public revenues, wind energy provides more long-term financial …
Persistent link: https://www.econbiz.de/10014505344
Support from local citizens is important for the scale-up of renewable energy. We investigate the impact of utility … implications for policymakers that want to advocate for renewable energy in their towns. While for solar, the main benefit … constitutes a short-term increase in low-skilled employment and public revenues, wind energy provides more long-term financial …
Persistent link: https://www.econbiz.de/10014512128
Persistent link: https://www.econbiz.de/10012805062
This study assesses the impact of the uncertainty caused by Brexit, on both the UK and international financial markets … financial markets are by nature highly interlinked, one might expect that the uncertainty engendered by Brexit also has an … (2008) method to estimate the time-varying interactions between UK policy uncertainty, which to a large extent is attributed …
Persistent link: https://www.econbiz.de/10011570794
This study assesses the impact of Brexit uncertainty on the UK and also on international financial markets, for the … the UK might be negatively affected, one may expect that the (uncertainty about) Brexit does not only have an impact on … the time-varying interactions between UK policy uncertainty, which to a large extent is attributed to Brexit uncertainty …
Persistent link: https://www.econbiz.de/10011582007
We find that macroeconomic uncertainty plays a significant role in U.S. monetary policy. First, we construct a measure … of uncertainty as felt by policymakers at the time of making their rate-setting decisions. This measure is derived from a … of being in a high-uncertainty regime. Second, we estimate a monetary policy reaction function that, apart from …
Persistent link: https://www.econbiz.de/10014265941
This paper examines the interaction of globalization through trade liberalization and climate change, globally with a special focus on Morocco and Turkey. We use the GTAP model, which is a global general equilibrium model, to investigate trade liberalization welfare impacts under climate change,...
Persistent link: https://www.econbiz.de/10010381372