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theory for both actuarial science and practice. Second, in the case of a general cost field, we give sufficient conditions … the risk of extreme events since they appear as a natural extension of multivariate extreme-value theory to the level of … respect to the space variable and generalizes many results obtained in Koch (2017). …
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explain this novel fact, we develop an open economy DSGE model that incorporates trade, migration, and finance as channels of …
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With the Paris Agreement of 2016, 189 nations signed a legally binding document to keep global warming below 2 C, and to pursue efforts to limit the temperature increase to 1.5 C. It was recognized that this would reduce climate change impacts substantially. All signatories submitted "Intended...
Persistent link: https://www.econbiz.de/10012518089
This paper contributes to the normative literature on mitigation and adaptation by framing the question of their optimal policy balance in the context of catastrophic climate risk. The analysis uses the WITCH integrated assessment model with a module that models the endogenous risk of...
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that stochastic technology growth hardly affects the optimal bundle of mitigation and adaptation whereas uncertainty about …
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