Showing 315,911 - 315,920 of 320,929
-averse investors choose not to react to return differentials in such an extreme way as in a world with perfect foresight. Uncertainty … optimizing country allocation. However, covariances and betas tend to be intertemporally unstable. When world markets become …
Persistent link: https://www.econbiz.de/10010295360
Klimapolitik ist aufgrund der Vielfalt der direkt betroffenen Akteursgruppen, ihrer globalen Reichweite und ihres extrem langen Zeithorizonts besonders anfällig für Verzerrungen durch Interessengruppen. Daher ist die Theorie der Neuen Politischen Ökonomie gut geeignet, die klimapolitische...
Persistent link: https://www.econbiz.de/10010295361
. For this culture to emerge, and for banks and other institutions from all over the world to locate in this place, several … behind the rise and fall of markets are poorly understood. Given the present dramatic changes in the world financial system …
Persistent link: https://www.econbiz.de/10010295362
enhance both integration into the regional and world markets. Prominent candidates for such policies are the build-up of … estimates by the World Bank (1994) about 60 billion US$ would have to be invested in infrastructure up to the year 2000 to …
Persistent link: https://www.econbiz.de/10010295364
Greenhouse gas (GHG) removals by afforestation and reforestation project activities under the Kyoto Protocol's Clean Development Mechanism (CDM) are vulnerable to a variety of risks and uncertainties, resulting in the partial or total reversal of such removals. Hence, GHG removals from these...
Persistent link: https://www.econbiz.de/10010295368
The details on rules and modalities for the inclusion of forestry projects in the Clean Development Mechanism (CDM) are one of the last non resolved implementation issues of the Kyoto Protocol. We examine in detail the implications of different policy decisions concerning the inclusion of CDM...
Persistent link: https://www.econbiz.de/10010295374
The paper empirically explores the international economic effects of gender discrimination, namely the linkages of gender inequality with comparative advantage (trade) and foreign direct investment flows. It discusses different forms and the extent of gender discrimination across countries and...
Persistent link: https://www.econbiz.de/10010295378
After Future climate policy regimes may be based on the Kyoto-Protocol or on other policy instruments such as carbon-taxes. Any effective regime based on the Protocol requires the determination of the concrete contributions by each Party. This involves namely the time of contribution and the...
Persistent link: https://www.econbiz.de/10010295386
Economic models suggest that in many cases, market leakage rates of greenhouse gas abatement reach the two-digit percentage range. Consequently, the Marrakesh Accords require Clean Development Mechanism (CDM) projects to account for leakage. Despite this, most project proponents neglect market...
Persistent link: https://www.econbiz.de/10010295395
Emission trading has become recently more and more import in environmental regulation. In the context of controlling greenhouse gas emissions, the directive on a Europewide trading scheme for large immobile sources may be perceived as one of the most important milestones in recent years. Prior...
Persistent link: https://www.econbiz.de/10010295400