Research findings of the impact of the real ruble exchange rate on the economic activity in Russia turned out to be contradictory. Multiple character of connection between the exchange rate and the economic growth is explained by the presence of various channels of impact of the exchange rate on...

Financial markets can support the transition to a low-carbon economy by redirecting funds from highly emissive to clean investments. We study whether European stock markets take carbon prices into account in company valuations and to what degree they discriminate between firms with different...

Financial markets can support the transition to a low-carbon economy by redirecting funds from highly emissive to clean investments. We study whether European stock markets incorporate carbon prices in company valuations and to what degree they discriminate between firms with different carbon...

Financial markets can support the transition to a low-carbon economy by redirecting funds from highly emissive to clean investments. We study whether European stock markets incorporate carbon prices in company valuations and to what degree they discriminate between firms with different carbon...

In contrast to most Central, Eastern and Southeastern European (CESEE) economies, Central Asia (CA) - comprising Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan - has witnessed quite robust demographic as well as economic growth in the period from 2019 to 2024. This period was...