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Potential climate risks in financial markets : report from a workshop, January 20, 2016

Hjort, Ingrid - Workshop on Potential Climate Risks in Financial … - 2016 - Last modified Feb 3, 2016

Climate change has the potential to affect the global economy through physical impacts, but may also initiate regulations, policies, as well as technological innovation. Over time climate science and environmental economics have developed a better understanding of the potential impact over a...

Persistent link: https://www.econbiz.de/10011440408

Consumption-based asset pricing with rare disaster risk : a simulated method of moments approach ; conference paper

Grammig, Joachim; Sönksen, Jantje - 2014

The rare disaster hypothesis suggests that the extraordinarily high postwar U.S. equity premium resulted because investors ex ante demanded compensations for unlikely but calamitous risks that they happened not to incur. While convincing in theory, empirical tests of the rare disaster...

Persistent link: https://www.econbiz.de/10010491152

The relation between overreaction in forecasts and uncertainty : a nonlinear approach ; conference paper

Leppin, Julian Sebastian - 2014 - This version: February 2014

This paper examines if overreaction of oil price forecasters is affected by uncertainty. Furthermore, it takes into … account joint effects of uncertainty and oil price returns on forecast changes. The panel smooth transition regression model … Professional Forecasters. The results show that forecasters overreact for low levels of uncertainty and underreact for increasing …

Persistent link: https://www.econbiz.de/10010480543

Technology transfers for climate change : conference paper

Elsayyad, May; Morath, Florian - 2014

This paper considers investments in cost-reducing technology in the context of contributions to climate protection. Contributions to mitigating climate change are analyzed in a two-period model where later contributions can be based on better information, but delaying the contribution to the...

Persistent link: https://www.econbiz.de/10010484387