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Forecasting Euro Area Real GDP: Optimal Pooling of Information

Hülsewig, Oliver; Mayr, Johannes; Wollmershäuser, Timo - CESifo - 2008

This paper proposes a new method of forecasting euro area quarterly real GDP that uses area-wide indicators, which are derived by optimally pooling the information contained in national indicator series. Following the ideas of predictive modeling, we construct the area-wide indicators by...

Persistent link: https://www.econbiz.de/10005181446

Regulation, Institutions and Aggregate Investment : New Evidence from OECD Countries

Égert, Balázs - 2017

This paper investigates the relationship linking investment (capital stock) and structural policies. Using a panel of 32 OECD countries from 1985 to 2013, we show that more stringent product and labour market regulations are associated with less investment (lower capital stock). The paper also...

Persistent link: https://www.econbiz.de/10012956879

Monetary Policy Rules in Emerging Countries : Is There an Augmented Nonlinear Taylor Rule?

Caporale, Guglielmo Maria - 2016

This paper examines the Taylor rule in five emerging economies, namely Indonesia, Israel, South Korea, Thailand, and Turkey. In particular, it investigates whether monetary policy in these countries can be more accurately described by (i) an augmented rule including the exchange rate, as well as...

Persistent link: https://www.econbiz.de/10012986234

Forecasting Euro Area Real GDP : Optimal Pooling of Information

Hülsewig, Oliver - 2013

This paper proposes a new method of forecasting euro area quarterly real GDP that uses areawide indicators, which are derived by optimally pooling the information contained in national indicator series. Following the ideas of predictive modeling, we construct the area-wide indicators by...

Persistent link: https://www.econbiz.de/10012753479

Climate Change Mitigation Options and Directed Technical Change: A Decentralized Equilibrium Analysis

Grimaud, André; Lafforgue, Gilles; Magné, Bertrand - CESifo - 2009

The paper considers a climate change growth model with three R&D sectors dedicated to energy, backstop and CCS (Carbon …

Persistent link: https://www.econbiz.de/10008572565

Human Capital Formation and Global Warming Mitigation : Evidence from an Integrated Assessment Model

Carraro, Carlo; De Cian, Enrica; Tavoni, Massimo - 2021

that climate policy stimulates a dedicated form of energy-knowledge without reducing generic R&D investments. Since … advancements in labour productivity have a negative impact on the environment because labour is assumed to be complement to energy …

Persistent link: https://www.econbiz.de/10013316280

Stranded Assets, the Social Cost of Carbon, and Directed Technical Change : Macroeconomic Dynamics of Optimal Climate Policy

van der Ploeg, Rick - 2016

energy subsidy, and characterize the optimal amount of untapped fossil fuel …

Persistent link: https://www.econbiz.de/10012996198

Population Growth and Carbon Emissions

Casey, Gregory P. - 2017

We provide evidence that lower fertility can simultaneously increase income per capita and lower carbon emissions, eliminating a trade-off central to most policies aimed at slowing global climate change. We estimate the effect of lower fertility on carbon emissions accounting for the fact that...

Persistent link: https://www.econbiz.de/10012965631

Assessing the Effects of Climate Policy on Companies' Greenhouse Gas Emissions

Montoya, Ana Maria - 2017

and subsidiaries of the world's biggest manufacturing, energy, and utility companies. Our results suggest that financial … incentives and legal requirements to audit energy use reduce companies' emissions, whereas support schemes aimed at promoting the … use of renewable energy sources for electricity generation increase emissions of utility companies. We also find loans and …

Persistent link: https://www.econbiz.de/10012946920

Oil Trade and Climate Policy

Curuk, Malik - 2015

response to increases in R&D intensity on renewable energy technologies in importer countries. We further show that (i) these …

Persistent link: https://www.econbiz.de/10013024360