Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 12 of 12
Full-Text Articles in International Economics
Strategic Incentives For Climate Geoengineering Coalitions To Exclude Broad Participation, Juan B. Moreno-Cruz, Kate L. Ricke, Ken Caldeira
Strategic Incentives For Climate Geoengineering Coalitions To Exclude Broad Participation, Juan B. Moreno-Cruz, Kate L. Ricke, Ken Caldeira
Juan B. Moreno-Cruz
Solar geoengineering is the deliberate reduction in the absorption of incoming solar radiation by the Earth's climate system with the aim of reducing impacts of anthropogenic climate change. Climate model simulations project a diversity of regional outcomes that vary with the amount of solar geoengineering deployed. It is unlikely that a single small actor could implement and sustain global-scale geoengineering that harms much of the world without intervention from harmed world powers. However, a sufficiently powerful international coalition might be able to deploy solar geoengineering. Here, we show that regional differences in climate outcomes create strategic incentives to form coalitions …
Testing For Weak Form Market Efficiency In Indian Foreign Exchange Makret, Anoop Sasikumar
Testing For Weak Form Market Efficiency In Indian Foreign Exchange Makret, Anoop Sasikumar
Anoop Sasikumar
This paper attempts to examine the weak form of market efficiency in the Indian foreign exchange market using a family of variance ratio tests. Monthly Nominal Effective Exchange Rate (NEER) data from April 1993-June 2010 were used for the analysis. NEER series was considered for the analysis as it is supposed to capture more information compared to the bilateral exchange rates. Three individual variance ratio tests as well as three joint variance ratio tests were used for the purpose of analysis. After analyzing the results from both individual and joint variance ratio test, it was concluded that Indian foreign exchange …
Cv, Lorán Chollete
International Diversification: An Extreme Value Approach, Lorán Chollete, Victor De La Peña, Ching-Chih Lu
International Diversification: An Extreme Value Approach, Lorán Chollete, Victor De La Peña, Ching-Chih Lu
Lorán Chollete
No abstract provided.
An Analysis Of Presence Of Long Memory In The Indian Foreign Exchange Market, Anoop Sasikumar
An Analysis Of Presence Of Long Memory In The Indian Foreign Exchange Market, Anoop Sasikumar
Anoop Sasikumar
This paper seeks to analyze the presence of long memory in the Indian foreign exchange market using a family of tests. The study has used Nominal Effective Exchange Rate (NEER) series as the data source to check the possible presence of long memory. Three R/S statistics viz. Hurst, Mandelbrot’s and Lo’s modified R/S statistics as well as two semi-parametric tests viz. Robinson’s Gaussian semi-parametric estimate and Andrews-Guggenberger modified GPH estimator are used for the purpose of analysis. All the results conclusively prove the presence of strong version of long memory in the Indian foreign exchange market.
International Diversification: A Copula Approach, Lorán Chollete, Victor De La Pena, Ching-Chih Lu
International Diversification: A Copula Approach, Lorán Chollete, Victor De La Pena, Ching-Chih Lu
Lorán Chollete
No abstract provided.
Mitigation And The Geoengineering Threat, Juan B. Moreno-Cruz
Mitigation And The Geoengineering Threat, Juan B. Moreno-Cruz
Juan B. Moreno-Cruz
Recent scientific advances have introduced the possibility of engineering the climate system to lower ambient temperatures without lowering greenhouse gas concentrations. This possibility has created an intense debate given the ethical, moral and scientific questions it raises. In this paper I examine the economic issues introduced when geoengineering becomes available in a standard two-period two-country model where strategic interaction leads to suboptimal mitigation. Geoengineering introduces the possibility of technical substitution away from mitigation, but it also affects the strategic interaction across countries: mitigation decisions made in the first period directly affect the geoengineering decisions made in the second period. With …
Financial Distress And Idiosyncratic Volatility: An Empirical Investigation, Lorán Chollete, Jing Chen, Rina Ray
Financial Distress And Idiosyncratic Volatility: An Empirical Investigation, Lorán Chollete, Jing Chen, Rina Ray
Lorán Chollete
No abstract provided.
Financial Implications Of Extreme And Rare Events, Lorán Chollete, Dwight Jaffee
Financial Implications Of Extreme And Rare Events, Lorán Chollete, Dwight Jaffee
Lorán Chollete
No abstract provided.
Dependence Of Macro Variables In The Us Economy, Lorán Chollete, Cathy Ning
Dependence Of Macro Variables In The Us Economy, Lorán Chollete, Cathy Ning
Lorán Chollete
No abstract provided.
Modeling International Financial Returns With A Multivariate Regime-Switching Copula, Lorán Chollete, Andreas Heinen, Alfonso Valdesogo
Modeling International Financial Returns With A Multivariate Regime-Switching Copula, Lorán Chollete, Andreas Heinen, Alfonso Valdesogo
Lorán Chollete
No abstract provided.
Economic Implications Of Copulas And Extremes, Lorán Chollete
Economic Implications Of Copulas And Extremes, Lorán Chollete
Lorán Chollete
No abstract provided.