Results 161 to 170 of about 14,996 (335)
Climate change could have significant consequences such as rising sea levels, intensified storms, floods, droughts and forest fires. These effects could lead to forced migration, ecosystem degradation and extinction of many species. In addition, they could also affect the ability of central banks to maintain price stability.
Benjilali Mohamed +3 more
openaire +1 more source
GMM Redundancy Results for General Missing Data Problems [PDF]
We consider questions of efficiency and redundancy in the GMM estimation problem in which we have two sets of moment conditions, where two sets of parameters enter into one set of moment conditions, while only one set of parameters enters into the other.
Artem Prokhorov, Peter Schmidt
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Climate Change Risk and Financial Stability: Implications for European Banking Institutions
ABSTRACT This study examines whether climate change risk weakens banking‐system stability in the European Union and assesses how renewable energy adoption and energy‐related taxation moderate this relationship. Using panel data for 27 EU countries from 2012 to 2022 and applying fixed‐effects OLS, two‐stage least squares (2SLS), and robust generalized ...
Md Yousuf Ali
wiley +1 more source
System GMM Estimation With A Small Sample [PDF]
Properties of GMM estimators for panel data, which have become very popular in the empirical economic growth literature, are not well known when the number of individuals is small.
Marcelo Soto
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ABSTRACT This study examines the strategic efficacy of corporate low‐carbon energy transition, such as through nuclear energy adoption, as a response to decarbonization pressures. Analyzing an international sample of energy firms, we demonstrate that the relationship between this form of transition and emission reductions is not technologically ...
Bilal Ahmed Abbasi +4 more
wiley +1 more source
GEL Criteria for Moment Condition Models [PDF]
GEL methods which generalize and extend previous contributions are defined and analysed for moment condition models specified in terms of weakly dependent data.
Richard Smith
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ABSTRACT This study examines whether CEO risk orientation shapes environmental sustainability disclosure (ESD) and how institutional constraints condition this relationship. We argue that environmental disclosure constitutes a strategic exposure decision because greater transparency can increase regulatory scrutiny and stakeholder pressure.
Muhammad Jameel Hussain +3 more
wiley +1 more source
LONG-RUN EVIDENCE USING MULTIFACTOR ASSET PRICING MODELS [PDF]
We study the pricing factor structure of Italian equity returns. Using 25 years of data, we focus on a classical four factors model. A two step empirical analysis is provided where first we estimate an unrestricted multi-factor model to test if there is ...
Stefano D'Addona +2 more
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Policy and Market Mechanisms for Sustainable Finance: A Systematic Review and Research Agenda
ABSTRACT Sustainable finance has emerged as a critical instrument for addressing the dual challenges of climate change and sustainable development. Nonetheless, a substantial financing gap persists, while the concept remains under‐theorized without a universally accepted definition, and empirical evidence of its effectiveness remains inconsistent and ...
Jihyung Joo, Byounguk Keum, Taewoo Roh
wiley +1 more source
The asymptotic global power comparisons of the GMM overidentifying restrictions tests [PDF]
In this paper, the asymptotic power comparisons of two versions of GMM overidentifying restrictions tests are conducted globally through the concept of approximate slopes.
Sheng-Kai Chang
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