Sovereign Debt in a Warming World: Are Credit Ratings Responding to Climate Risks?
ABSTRACT Investors and policymakers increasingly worry that climate change threatens sovereign debt. While recent studies find a negative effect, they typically estimate models assuming a time‐invariant impact and rely on climate variables endogenous to economic and policy conditions.
Thomas Barnebeck Andersen
wiley +1 more source
Siloed thinking: The case for integrating economic and environmental analysis in critical care. [PDF]
Collins M +3 more
europepmc +1 more source
Neutral Theory, Stochasticity, and the Efficiency of Social Institutions
ABSTRACT This paper draws on the concept of neutral theory from molecular biology to describe how rational choice foundations may be given to cultural practices or social institutions such that the specifics of the practice or institution are inherently arbitrary, that is, stochastic. Neutral theory describes the process by which genes at the molecular
Ryan H. Murphy
wiley +1 more source
Public health events and economic growth in a neoclassical framework. [PDF]
Wang Y, Liu Y, Peng Z, Shang Z, Gao W.
europepmc +1 more source
Understanding the paradox between tragedies of the commons and the anticommons: From a cognitive psychology perspective. [PDF]
Yang X, Yang S, Wang Y, Zhang S, Luo S.
europepmc +1 more source
Economics Beyond the Neoclassical Synthesis Rediscovering Keynes’s Enterprise [PDF]
Peter Sheehan
openalex +1 more source
ABSTRACT In this paper, we consider knowledge cumulation in one of the most polarized areas of environmental governance research: forest carbon offsetting in developing countries. Our specific contribution is a critical review of the ontological and epistemological positioning of 31 studies published in the peer‐reviewed literature on forest carbon ...
Mark Purdon, Patrick Byakagaba
wiley +1 more source
Research on the mechanism of digital drive economy enhancing quality and efficiency. [PDF]
Gao R, Lyu J.
europepmc +1 more source
The Myth of Sustainable Development: Personal Reflections on Energy, its Relation to Neoclassical Economics, and Stanley Jevons [PDF]
Charles A. S. Hall
openalex +1 more source
Manager Sentiment and Merger Activities
ABSTRACT This study investigates the ability of manager sentiment to predict corporate merger activity. Prior research suggests that during periods of high sentiment, managers tend to overestimate the future prospects of their firms. We thus hypothesize that, during such periods, managers may also overestimate the future cash flows from the mergers ...
Brandon Byunghwan Lee +4 more
wiley +1 more source

