In this study, we examine the dynamic link between returns and volatility of commodities and currency markets. In particular, based on weekly data on gold, silver, platinum, palladum, oil and the USD/EUR exchange rate over the period January 6, 1987 to July 22, 2014 we find the following...

Energy is pivotal for socio-economic and cultural development. Last century witnessed a drastic increase, on one hand on the consumption of energy and, on the other on greenhouse gases emissions. Traditionally, energy security has been linked with the need to guarantee supply and, in turn,...

Global regulations involving clean energy technologies have evolved in recent decades. Such evolution came as a result of technological disparities between the North and the South. Such regulatory changes came because of the failure of developed nations to assist developing countries in...

Many new and ambitious energy efficiency and conservation laws are being enacted at all levels of government - and with greater financial incentives than provided previously. These innovations are intended to overcome or minimize market barriers such as principal-agent problems, information and...

The concept of a circular economy has instilled substantial hopes that it will help forging patterns of resource use compatible with Planetary Boundaries. Many countries are implementing circularity policies to reduce wastes and emissions, while also fostering economic growth. Research and...

This paper deals with three aspects of spectacular oil price episodes such as the one witnessed in 2008. First, the concept of temporary explosiveness is proposed as an empirical method for capturing this type of behavior. The application of a recently proposed recursive unit root test shows...

There is an increasing tension between the Iranian Government and the west on an increasingly likely European oil embargo and the Iranian threat to close the Strait of Hormuz. The main question is: What will happen to the international oil prices in the case of shocks in the flow of Iranian oil...