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The stabilisation of GHG atmospheric concentrations at levels expected to prevent dangerous climate change has become an important, global, long-term objective. It is therefore crucial to identify a cost-effective way to achieve this objective. In this paper we use WITCH, a hybrid...
Persistent link: https://www.econbiz.de/10010264276
The stabilisation of GHG atmospheric concentrations at levels expected to prevent dangerous climate change has become an important, global, long-term objective. It is therefore crucial to identify a cost-effective way to achieve this objective. In this paper we use WITCH, a hybrid...
Persistent link: https://www.econbiz.de/10009443180
The stabilisation of GHG atmospheric concentrations at levels expected to prevent dangerous climate change has become an important, global, long-term objective. It is therefore crucial to identify a cost-effective way to achieve this objective. In this paper we use WITCH, a hybrid...
Persistent link: https://www.econbiz.de/10010312386
The popular press would lead us to believe that during the stock market boom of the 1990s just about everyone was buying and selling bonds every day. In fact, evidence shows that most households make only infrequent changes to their investment portfolios. "In The Role of Market Segmented Markets...
Persistent link: https://www.econbiz.de/10004967409
The stabilisation of GHG atmospheric concentrations at levels expected to prevent dangerous climate change has become an important, global, long-term objective. It is therefore crucial to identify a cost-effective way to achieve this objective. In this paper we use WITCH, a hybrid...
Persistent link: https://www.econbiz.de/10005765756
investments are lumpy. In partial equilibrium, this yields substantial skewness and kurtosis in aggregate investment, though, with …
Persistent link: https://www.econbiz.de/10005367607
Aubhik Khan explains some of the things economists have learned about how investment changes over the business cycle
Persistent link: https://www.econbiz.de/10005498371
The stabilisation of GHG atmospheric concentrations at levels expected to prevent dangerous climate change has become an important, global, long-term objective. It is therefore crucial to identify a cost-effective way to achieve this objective. In this paper we use WITCH, a hybrid...
Persistent link: https://www.econbiz.de/10005230844
result, their individual investments are lumpy. In partial equilibrium, this yields substantial skewness and kurtosis in …
Persistent link: https://www.econbiz.de/10005389564
heterogeneity in both capital and total factor productivity alongside low-level investments exempt from adjustment costs to develop … wages and interest rates, the authors show that the dynamics of plants' investments differ sharply in their presence. Thus … lumpy investments, but act to eliminate them. …
Persistent link: https://www.econbiz.de/10005389589