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Migration of Firms, Home Bias and Economic Growth

Aharonovitz, Gilad D. - 2009

from a developed country to a less-developed country and on the output and growth rate of each country in the presence of … home bias. The analysis uses a model which was developed for this purpose, in which growth is stemming from the increase in …

Persistent link: https://www.econbiz.de/10014199604

War, Peace and Stock Markets

Berkman, Henk - 2006

reduce world market stock returns by approximately four percent per annum. Crises cause large negative stock market reactions … monthly world market volatility by more than a third and the end of a crisis decreases volatility by slightly less than a …

Persistent link: https://www.econbiz.de/10012734299

Measuring the climate risk exposure of insurers

Jung, Hyeyoon; Engle, Robert F.; Ge, Shan; Zeng, Xuran - 2023

Insurance companies can be exposed to climate-related physical risk through their operations and to transition risk through their $12 trillion of financial asset holdings. We assess the climate risk exposure of property and casualty (P&C) and life insurance companies in the U.S. We construct a...

Persistent link: https://www.econbiz.de/10014313988

Does hotter temperature increase poverty? : global evidence from subnational data analysis

Dang, Hai-Anh H.; Trong Anh Trinh - 2022

Despite a vast literature documenting the negative effects of climate change on various socio-economic outcomes, little, if any, evidence exists on the global impacts of hotter temperature on poverty. Analyzing a new global dataset of subnational poverty in 166 countries, we find higher...

Persistent link: https://www.econbiz.de/10013209879

The impact of climate change on work lessons for developing countries

Feriga, Moustafa; Lozano Gracia, Nancy; Serneels, Pieter - 2024

This paper identifies five areas where climate change may impact work and draws lessons for developing countries by reviewing the evidence. Firstly, demand for labor is unevenly affected, with agriculture, heat-exposed manufacturing, and the brown energy sector experiencing downturns, while...

Persistent link: https://www.econbiz.de/10014512228

Does global warming worsen poverty and inequality? : an updated review

Dang, Hai-Anh H.; Hallegatte, Stéphane; Trong Anh Trinh - 2023

We offer an updated and comprehensive review of recent studies on the impact of climate change, particularly global warming, on poverty and inequality, paying special attention to data sources as well as empirical methods. While studies consistently find negative impacts of higher temperature on...

Persistent link: https://www.econbiz.de/10014422614

International environmental agreements : the impact of heterogeneity among countries on stability

Diamantoudi, Effrosyni; Sartzetakis, Eftichios Sofokles; … - 2018

The present paper examines the stability of self-enforcing International Environmental Agreements (IEAs) among heterogeneous countries in a twostage emission game. In the first stage each country decides whether or not to join the agreement, while in the second stage the quantity of emissions is...

Persistent link: https://www.econbiz.de/10011862948

International Environmental Agreements – The Impact of Heterogeneity Among Countries on Stability

Diamantoudi, Effrosyni - 2018

The present paper examines the stability of self-enforcing International Environmental Agreements (IEAs) among heterogeneous countries in a two-stage emission game. In the first stage, each country decides whether or not to join the agreement, while in the second stage the quantity of emissions...

Persistent link: https://www.econbiz.de/10012915399

Valuing Mortality Risk Reductions in Global Benefit‐Cost Analysis

Robinson, Lisa A.; Hammitt, James K.; O'Keeffe, Lucy - 2022

The estimates used to value mortality risk reductions are a major determinant of the benefits of many public health and environmental policies. These estimates (typically expressed as the value per statistical life, VSL) describe the willingness of those affected by a policy to exchange their...

Persistent link: https://www.econbiz.de/10013307486

The influence of global financial liquidity on the Indonesian economy : dynamic analysis with threshold VAR

Ekananda, Mahjus; Suryanto, Tulus - In: Economies : open access journal 9 (2021) 4, pp. 1-20

identified two groups of upper regime and lower regime world variables-namely, world inflation, world GDP, and world commodity … studied. This research aims to investigate the interdependent relationships between world GDP, world commodity prices, world … inflation, trade flows, capital inflow, capital account transactions, reserve accumulation, global liquidity (e.g., global broad …

Persistent link: https://www.econbiz.de/10012799838