Much work has been done in the context of the hedonic price theory to estimate the impact of air quality on housing prices. Research has employed objective measures of air quality, but only slightly confirms the hedonic theory in the best of cases: the implicit price function relating housing...

This paper deals with an important pollution problem affecting millions of people, especially in urban areas and large cities: NOx. This dangerous pollutant is emitted by high temperature combustion and therefore its main source is transportation, which in turn is a consequence of an increase in...

We model the complex global dependencies in international financial markets using spatial techniques. Our methodology allows us to go beyond conventional correlation analyses and volatility-spillover models confined to studying pairwise relationships, and improves the accuracy of return...