We analyse the evolution of the systemic risk impact of oil and natural gas companies since 2000. This period is characterised by several events that affected energy source markets: the real effect of the global financial crisis, the explosion of shale production and the diffusion of the...

Die Wirtschaftspolitik steht angesichts der Schwere der Energiepreiskrise vor großen Herausforderungen. Mit den drei Entlastungspaketen hat die Regierung zwar einige wichtige Impulse gesetzt, eine stringente Linie lässt die Wirtschaftspolitik jedoch vermissen. Sämtliche Maßnahmen sollten...

This paper investigates the market linkages and information spillovers between clean energy, fossil fuels, and the market. Under the implications of rational expectation models developed by Fleming, Kirby, and Ostdiek (1998) and Kodres and Pritsker (2002), volatility correlations are necessary...

For countries to rapidly decarbonize they need strong leadership, according to both academic studies and popular accounts. But leadership is difficult to measure, and its importance is unclear. We use original data to investigate the role of presidents, prime ministers, and monarchs in 155...