This book considers the implications of models of economic growth for the debate on sustainability. The interplay between economic and ecological systems is analyzed, also taking into account issues of equity and risk. The main part of the book concentrates on sustainability in the light of an...

From 2010 to 2012, the relation between bank stock returns from European Union (EU) countries and the returns on sovereign CDS of peripheral (GIIPS) countries is negative. We use days with tail sovereign CDS returns of peripheral countries to identify the effects of shocks to the cost of...