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The energy transition requires substantial amounts of metals such as copper, nickel, cobalt and lithium. Are these metals a key bottleneck? We identify metal-specific demand shocks, estimate supply elasticities and pin down the price impact of the energy transition in a structural scenario...
Persistent link: https://www.econbiz.de/10012651692
Using staggered climatic disasters in the U.S, we find that earnings forecasts by analysts who experienced a major … climatic disaster become less accurate than those by the unaffected analysts within three months after the disaster due to … distracted attention. Stock prices respond less strongly to earnings revisions by disaster-zone analysts. Disaster-zone analysts …
Persistent link: https://www.econbiz.de/10013220377
‘State of the Bay’ is an initiative of the Georgian Bay Biosphere Reserve (GBBR) which has forecast that water ….There is no sign of warming of air or water over the last 15 years. Forecasts are inherently difficult for natural rhythms, and …
Persistent link: https://www.econbiz.de/10013230535
According to the theory of efficient markets, economic agents use all available information to form rational … expectations. The rational expectations hypothesis asserts that information is scarce, the economic system generally does not waste … information, and that expectations depend specifically on the structure of the entire system. Fiscal marksmanship - the accuracy …
Persistent link: https://www.econbiz.de/10014313444
for reasonable empirical modeling approximations. Finally, all three need forecasts of likely future outcomes to plan and …
Persistent link: https://www.econbiz.de/10012804940
Climate change is predicted to substantially alter forest growth. Optimally, forest owners should take these future changes into account when making rotation decisions today. However, the fundamental uncertainty surrounding climate change makes predicting these shifts hard. Hence, this paper...
Persistent link: https://www.econbiz.de/10012015877
of climate change. This study conducts an assessment of economic impacts of increased storm activities under climate …
Persistent link: https://www.econbiz.de/10003799689
The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies have grown, the carrying-capacity of the planet - in regard to natural...
Persistent link: https://www.econbiz.de/10008746890
The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies have grown, the carrying-capacity of the planet - in regard to natural...
Persistent link: https://www.econbiz.de/10013135981