Faster deployment of renewables stabilizes electricity prices in Europe
The policy problem The volatility of energy prices is a major driver of economic fluctuations and their large associated costs. European electricity markets are based…
Tag: Economics
How central banks address climate and transition risks
The policy problem Decarbonization and climate change entail risks for the global economy. Fossil fuel investments face stranded asset risks, that is, lost profits due…
The effect of residential solar on energy insecurity among low- to moderate-income households
Each year, millions of Americans experience energy insecurity, or the inability to afford enough energy to meet their basic needs. This study evalu…
Mapping global financial risks under climate change
There is growing concern about the potential impacts of climate change on financial stability but little quantitative evidence available on the pot…
Climate change and the global distribution of wealth
Wealth inequality dynamics influence economic and social outcomes and stability. While climate change and climate policies affect both physical cap…
Intercity personnel exchange is more effective than policy transplantation at reducing water pollution
Severe spatial disparities exist in water pollution and water governance. A popular solution is that lagging cities transplant policies from cities…
Smart cities: the data to decisions process
Smart cities improve citizen services by converting data into data-driven decisions. This conversion is not coincidental and depends on the underly…
The risk effects of corporate digitalization: exacerbate or mitigate?
This study elaborates on the risk effects of corporate digital transformation (CDT). Using the ratio of added value of digital assets to total inta…