Through the canon of the UN SDGs or the European Green Deal, sustainability goals are finding their way into legislation. From an economic point of view, these targets often aim to reduce negative external effects, which is in many cases in line with the economic goal of maximising welfare. The...

Deep decarbonisation pathways can enable the state of New South Wales (NSW) in Australia to reach a net-zero emissions reduction goal and contribute to global mitigation efforts to limit temperature rise to 1.5 °C by mid-century. This paper explores minimum cost solutions for achieving the...

The global increasing trend in total greenhouse gas emissions in recent decades has triggered the need for climate-related development financing. This study analyzes the effects of climate-related development mitigation finance and renewable energy consumption on greenhouse gas emissions in the...

This paper presents new evidence on international financial market integration using stock analyst earnings forecasts from 37 countries. By examining cash flow and discount rate news co-movements, we find that the financial and economic aspects of global market integration have diverged over...

Investor sentiment is believed to play an increasingly significant role in business and economic activities. By analyzing data collected from a sample of listed nonfinancial firms in Pakistan for the period 2009-2018, we quantify investor behavior and how it affects market returns, cash flows,...

One of the most misunderstood components of valuing a small closely-held business is how to address the impact of small size. Most closely-held enterprises are relatively small in size, with market values less than $1million. Many small mom and pop operations, or single owner-operator family...

When governments launch policies or programs without any prior analysis, with unclear objectives, undefined or unjustifiable public selection, poorly conceptualized interventions, fragmented and often contradictory actions, without indicators and targets, and with insufficient inputs (small and...

An intervention project is a proposal structured to intervene on a relevant public policy problem to offer a very specific and prototyped solution, based on a model. The project is aimed at the decision support of an organization with governance over the referred problem. The core of an...

This report estimates the "social rate of time preference" (SRTP) for New Zealand public policy appraisal using a Ramsey equation. It uses the Weitzman (1998) method to derive a declining discount rate schedule of 2% (real) for years 1-30, 1.5% for years 31-100, and 1% for years 101 on. The...

The objective of this study is to evaluate the costs and benefits of different demand risk sharing rules for road infrastructure concessions, from the point of view of the economic attractiveness of the projects for the concessionaire and the price reduction for users. The traffic trajectory of...