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at different stages of development when entering in a new catching-up cycle. Thus, the technological drivers of growth …] can play different roles to accelerate the rate of growth and change their relative position in the leadership rank (win …
Persistent link: https://www.econbiz.de/10012157100
Central banks and financial supervisors approach "green finance" mostly to preserve macroeconomic and financial stability according to their mandates. Obviously, climate change poses severe risks to households, firms and their financial intermediaries. These risks tend to be correlated and their...
Persistent link: https://www.econbiz.de/10012154795
Abstract Reducing greenhouse gas emissions not only lowers expected damages from climate change but also reduces the risk of catastrophic impacts. However, estimates of the social cost of carbon, which measures the marginal value of carbon dioxide abatement, often do not capture this risk...
Persistent link: https://www.econbiz.de/10009520355
Recent research in financial economics has shown that rare large disasters have the potential to disrupt financial sectors via the destruction of capital stocks and jumps in risk premia. These disruptions often entail negative feedback effects on the macroeconomy. Research on disaster risks has...
Persistent link: https://www.econbiz.de/10012265443
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Using a threshold public good experiment, we examine how varying degrees of inequality in resources and differences in risk of loss among players affect the success of group efforts to avoid a common loss. We find that when the poor face greater risk than the rich, contributions and success in...
Persistent link: https://www.econbiz.de/10013326557
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The study reveals that there is a relationship between foreign direct investments, trade, and growth rate of per capita … do not show any auto-correlation. The trade and foreign investment variables have a significant impact on the growth rate … of GDP per capita. Because FDI and trade are two important components of economic growth in Bangladesh, it is important …
Persistent link: https://www.econbiz.de/10011499650
The empirical analysis examines the asymmetric effect of financial development and remittance on economic growth in … growth and the regressors? (b) Do financial development and remittance trigger MINT nations' economic growth? Moreover, the … development and remittance on economic growth. The outcomes of the linear ARDL disclosed that both financial development and …
Persistent link: https://www.econbiz.de/10012800116