We present a novel approach to depicting asset pricing dynamics by characterizing shock exposures and prices for … alternative investment horizons. We quantify the shock exposures in terms of elasticities that measure the impact of a current … shock on future cash-flow growth. The elasticities are designed to accommodate nonlinearities in the stochastic evolution …

This paper presents the first investigation of the effects of optimal energy taxation in an urban spatial setting … needed to support the social optimum. We then analyze the effects of these taxes on urban spatial structure. Emissions are … heights, generating a more-compact city with a lower level of emissions per capita. …

applied modules they use for representing sectoral energy and emission characteristics and dynamics. The purpose is to provide … technical insight into recent advances in the modelling of current and future energy and abatement technologies and how they can … be used to make baseline projections and scenarios 20-80 years ahead. In order to represent likely energy system …

China is by far the world's largest consumer of primary energy. Its vast energy demands are a leading issue for global … energy use, driving pollution trends and prices on commodity markets. Despite huge increases in non-fossil capacity from … nuclear and renewables, China still burns tremendous amounts of coal to meet its primary energy needs. Domestic energy …

We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate … and emissions trading systems (ETS), as well as the overall stringency of climate policies. We use dynamic panel … regressions, controlling for macroeconomic factors such as economic development, GDP growth, urbanisation, as well as the energy …

applied modules they use for representing sectoral energy and emission characteristics and dynamics. The purpose is to provide … technical insight into recent advances in the modelling of current and future energy and abatement technologies and how they can … represent likely energy system transitions in the decades to come, modern CGE tools have learned from bottom-up studies. Three …

. Among our findings, we show that, in the absence of renewable energy sources and break-through technologies, meeting the …

This paper presents the first investigation of the effects of optimal energy taxation in an urban spatial setting … needed to support the social optimum. We then analyze the effects of these taxes on urban spatial structure. Emissions are … heights, generating a more-compact city with a lower level of emissions per capita. …

This paper presents the first investigation of the effects of optimal energy taxation in an urban spatial setting … needed to support the social optimum. We then analyze the effects of these taxes on urban spatial structure. Emissions are … heights, generating a more-compact city with a lower level of emissions per capita. …