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Global energy security is a growing worldwide concern in the presence of high economic policy uncertainty (EPU) that … can be addressed by advancing sustainable energy diversification (ED) practices. Energy security can be estimated by … measure energy security employing this approach. The study employs quantile regression and panel data analysis, finding a …
Persistent link: https://www.econbiz.de/10015213364
Recent research unveiled the heterogeneous effects of rising energy prices for low-income and high-income European … households, as they tend to purchase distinct consumption baskets. We explore the effects of energy inflation on consumption … inequality in a Two-Agent New Keynesian (TANK) model with an exogenous energy sector, and look for the optimal monetary policy …
Persistent link: https://www.econbiz.de/10015213445
This paper seeks to explore the impact of oil price shocks, real industrial production and interest rate on stock prices for six oil exporting countries and five oil importing countries using nonlinear autoregressive distributed lags (NARDL)model using monthly data for the period 1993 :...
Persistent link: https://www.econbiz.de/10015213468
In the following article, we analyse the relationships among banking stability, the efficiency of the energy system and … to achieve energy efficiency, stability of the banking system and reduction of climate risk together i.e. the “Green … Fixed Effects, Pooled Ordinary Least Squared and Weighted Least Squared-WLS. To estimate the variables we used World Bank …
Persistent link: https://www.econbiz.de/10015213575
The surge in frontier technology adoption (FTR) in education, health, and labour markets cannot be overemphasised. Notwithstanding, rigorous empirical findings concerning their socioeconomic impacts in the Global South are hard to find. Accordingly, this study explores the impact of FTR on...
Persistent link: https://www.econbiz.de/10015213617
This paper proposes a new measure proxying the degree of anchoring of inflation expectations on an individual forecaster level and studies the co-movement of this measure with expectations regarding monetary policy and different cost-push factors. In doing so, we rely on data taken from the ECB...
Persistent link: https://www.econbiz.de/10015213646
We follow a non-linear dynamic correlation approach using a combination of a DCC-GARCH model and a copula model to capture the dependence between oil price changes and inflation in Tunisia. The case of Tunisia is particularly instructive since, after having been an exporter and a major producer,...
Persistent link: https://www.econbiz.de/10015213824
This paper analyzes cycles in policy interest rates in 24 advanced economies over 1970–2024, combining a new application of business cycle methodology with rich time-series decompositions of the shocks driving rate movements. “Rate cycles” have gradually evolved over time, with less...
Persistent link: https://www.econbiz.de/10015213913
This work is the product of a study on the energy sector crisis and on the alternative solution offered by nuclear … energy. The topic is mainly addressed to those readers interested in knowing some historical and current aspects, legislation … and projection of the Colombian energy sector, as well as to those interested in knowing the alternative solution proposed …
Persistent link: https://www.econbiz.de/10015214050
Digitalization, driven by the transformative impact of digital technologies, plays a crucial role in the energy … transition process. Advancements in these technologies are bringing about significant changes in how energy is generated …, transmitted, and utilized. In particular, digital technologies enable modern smart grids to optimize energy management by …
Persistent link: https://www.econbiz.de/10015214118