Showing 1 - 10 of 3,140
Most currently employed Integrated Assessment Models are of a dynastic nature, commonly assuming a fixed relation between pure time preference, economic growth and interest rate. This rigid relation has led to much debate on which level of discounting to adopt. Especially the quantitative...
Persistent link: https://www.econbiz.de/10014172829
Persistent link: https://www.econbiz.de/10014529880
Persistent link: https://www.econbiz.de/10013282662
This paper distinguishes relative risk aversion and resistance to intertemporal substitution in climate risk modelling …. It shows that higher risk aversion increases the optimal carbon tax. Higher resistance to intertemporal substitution … alone has the same effect as increasing the discount rate, provided that the risk is not too large. We discuss implications …
Persistent link: https://www.econbiz.de/10011608555
Persistent link: https://www.econbiz.de/10014370418
Persistent link: https://www.econbiz.de/10015177205
, practitioners, and students in the fields of banking, financial services, sustainability, ESG, and climate risk. Elisabetta …1 Climate Risk Scenario -- 2 Regulatory Framework, Standards And Best Practices For The Financial Sector -- 3 … Transmission Channels Of Climate Risk -- 4 Integrating Climate Risk Into Commercial Banks Operations -- 5 Insurance Companies -- 6 …
Persistent link: https://www.econbiz.de/10014502139
Persistent link: https://www.econbiz.de/10003868200
Persistent link: https://www.econbiz.de/10011737092
Persistent link: https://www.econbiz.de/10014454777