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A primer on weather and climate intervention for economists

Knowles, Scott; Skidmore, Mark - 2019

There is limited public discourse and understanding about the history and science of weather and climate intervention, though scientists have researched, tested and implemented numerous methods of weather modification for six decades. Also, climate-related geoengineering is steadily gaining...

Persistent link: https://www.econbiz.de/10012018277

Fire Sales and Ex Ante Valuation of Systemic Risk: A Financial Equilibrium Networks Approach

Bougheas, Spiros; Spencer, Adam Hal - 2022

We introduce endogenous fire sales into a simple network model. For any given initial distribution of shocks across the network, we develop a clearing algorithm to solve for the financial equilibrium. We then utilise the results to perform ex ante risk assessment and derive risk premia for every...

Persistent link: https://www.econbiz.de/10013470369

Changing Electricity Markets: Quantifying the Price Effects of Greening the Energy Matrix

Kohlscheen, Emanuel; Moessner, Richhild - 2022

We analyse the drivers of European Power Exchange (EPEX) wholesale electricity prices between 2012 and early 2022 using machine learning. The agnostic random forest approach that we use is able to reduce in-sample root mean square errors (RMSEs) by around 50% when compared to a standard linear...

Persistent link: https://www.econbiz.de/10013353419

Effects of Green Technology Support Policies on Carbon Dioxide Emissions

Moessner, Richhild - 2024

This paper provides ex-post empirical evidence on the effects of green technology support policies, in comparison with other climate policies, on carbon dioxide emissions at the aggregate national level. The paper uses cross-country dynamic panel estimation for a sample of 38 countries over the...

Persistent link: https://www.econbiz.de/10014534432

Using Scientific Publications to Evaluate Government R&D Spending: The Case of Energy

Popp, David - 2015

The mix of public and private research funding investments in alternative energy presents a challenge for isolating the effect of government R&D funding. Factors such as energy prices and environmental policy influence both private and public R&D decisions. Moreover, because government R&D is...

Persistent link: https://www.econbiz.de/10011307107

Should We Give Up After Solyndra? Optimal Technology R&D Portfolios under Uncertainty

Webster, Mort D.; Fisher-Vanden, Karen; Popp, David; … - 2015

that investment should not continue. …

Persistent link: https://www.econbiz.de/10011307108

Downward Revision of Investment Decisions after Corporate Tax Hikes

Link, Sebastian; Menkhoff, Manuel; Peichl, Andreas; … - 2022

This paper estimates the causal effect of corporate tax hikes on firm investment based on more than 1,400 local tax … changes. By observing planned and realized investment volumes in a representative sample of German manufacturing firms, we can … study how tax hikes induce firms to revise their investment decisions. On average, the share of firms that invest less than …

Persistent link: https://www.econbiz.de/10013353398