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Existing approaches to assess the economic impact of climate policies tend to overlook the financial sector and to focus only on direct effects of policies on the specific institutional sector they target, neglecting possible feedbacks between sectors, thus, underestimating the overall policy...
Persistent link: https://www.econbiz.de/10012932022
Finance has become more a problem than a solution to what the world most wants: socially inclusive growth. It has become a source of crises that threaten the development of the real economy. It has escaped accountability to democratic institutions and often helped, instead, to influence and...
Persistent link: https://www.econbiz.de/10013053812
Levelized cost is the preferred method of evaluating various energy technologies. Yet this ubiquitous technique is rarely questioned, and its history is poorly understood. This paper traces the history of levelized cost as a method and highlights its promise and pitfalls. The levelized cost of...
Persistent link: https://www.econbiz.de/10013037139
In this paper we discuss the continued transition of financial markets towards trade standardization and the clearing of transactions, outlining the role of central clearing counterparties CCPs in reducing systemic and idiosyncratic risk. We contrast this with a discussion on bespoke non-cleared...
Persistent link: https://www.econbiz.de/10012932874
Persistent link: https://www.econbiz.de/10010478133
Persistent link: https://www.econbiz.de/10011665476
This paper analyses the hypothesis that the robust relationship between trust - as measured by the World Values Survey's question "In general, do you think that most people can be trusted, or that you can't be too careful in dealing with people?" - and economic growth, established by empirical...
Persistent link: https://www.econbiz.de/10008747642
Persistent link: https://www.econbiz.de/10013152717
This paper tries to evaluate the impact of COVID-19 on the world oil prices from a multidimensional graphical perspective. The alternative multidimensional graphical is based on a new graphical method, the “Infinity Physical Space (I-Physical Space)”. The I-Physical Space can show the world...
Persistent link: https://www.econbiz.de/10012836096
This paper graphically demonstrates the patterns of economic recession from any epidemic in the world, i.e. the Wuhan COVID-19 contagious infectious disease. This can generate economic waves on different markets (countries or regions). This paper evaluates the way in which an economic recession...
Persistent link: https://www.econbiz.de/10012840531