In the past two years, the world has changed and global crises (e. g. the COVID-19 pandemic, war in Ukraine) increasingly dominate the headline. Decades of certainties no longer apply, risks and uncertainties are increasing, challenges are becoming more complex and at the same time require...

In the past two years, the world has changed and global crises (e. g. the COVID-19 pandemic, war in Ukraine) increasingly dominate the headline. Decades of certainties no longer apply, risks and uncertainties are increasing, challenges are becoming more complex and at the same time require...

This study investigates the comparative economic resilience of low carbon intensity (LCI) versus high carbon intensity (HCI) industries of the Austrian economy, examining the impact of energy price shocks on real gross value added (GVA) and employment within both LCI and HCI industries. To...

This paper applies a DCC-GARCH-VIRF model to examine the connectedness across climate policy uncertainty, energy price, and carbon emission allowance (CEA) price under unprecedented disruptions like the Russia-Ukraine conflict and the ensuing sanctions. An asymmetric DCC-MGARCH model is used for...

This paper applies the DCC-GARCH-VIRF model to examine the connectedness across the climate policy uncertainty, the energy price, and the carbon emission allowance (CEA) price under the unprecedented shocks to the global energy stability like the Russia-Ukraine conflict and the multiple...

The Regional Greenhouse Gas Initiative (RGGI), as the largest cap-and-trade system in the United States, employs quarterly auctions to distribute emissions permits to firms. This study examines firm behavior and auction performance from both theoretical and empirical perspectives. We utilize...

The Regional Greenhouse Gas Initiative (RGGI), as the largest cap-and-trade system in the United States, conducts quarterly auctions to distribute emissions permits to firms. This study examines the behavior of firms and the performance of RGGI auctions from both theoretical and empirical...