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This paper explores the long run relationship between public and private investment in the euro area in terms of … capital stocks and gross investment flows. Panel techniques ac-counting for international spillovers are employed. While … private and public capital stocks are cointegrated, the evidence is quite fragile for public and private investment flows …
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This paper develops a multi-country post-Kaleckian demand-led growth model that incorporates the role of the government. One novelty of this paper is to integrate crosscountry effects of both changes in income distribution and fiscal policy. The model is used to estimate econometrically the...
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associated with the carbon market and the implications for the international trade of oil. Criticalities in investment …
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Across the globe climate policy is shifting away from a carbon price towards investment subsidies, such as grants … affect the risk-return-profile of a climate investment. To some extent these negative impacts can be compensated through … different forms of investment subsidies. Minimising the risk of inefficient public spending is, however, challenging and …
Persistent link: https://www.econbiz.de/10011295697
sustainable development. Featuring expert insights from academia, the European Commission, the European Investment Bank, and the …
Persistent link: https://www.econbiz.de/10012396857