Russia's invasion of Ukraine has reaffirmed the importance of scaling up renewable energy to decarbonise Europe's economy while rapidly reducing its exposure to foreign fossil fuel suppliers. Therefore, the question of sources of flexibility to support a fully decarbonised European energy system...

One of the important aspects in the design of social protection is coverage. In Peru, as in most Latin American countries, social security participation is compulsory only for workers in the formal sector. There is a large sector of the population for which participation is voluntary. This paper...

Applying bootstrapped quantile regression to the Russian Longitudinal Monitoring Survey (RLMS) data, we examine the channels through which individuals experience and seek to cope with changes in consumption. We find that married individuals living in small households, with educated heads in...

Applying bootstrapped quantile regression to the Russian Longitudinal Monitoring Survey (RLMS) data, we examine the channels through which individuals experience and seek to cope with changes in consumption. We find that married individuals living in small households, with educated heads in...

"This paper attempts to quantify the impact of the HIV/AIDS epidemic on social capital with cross-country data. Using data from the World Values Survey, the authors estimate reduced-form regressions of the main determinants of social capital controlling for HIV prevalence, institutional quality,...

This paper investigates the incremental information content of earnings and other macroeconomic variables for share prices within the ‘prices leading earnings' framework. We find evidence supporting the phenomenon of ‘prices leading earnings' for the Kuwait Stock Exchange (KSE) after...