Central bank independence (CBI) has often been presented as a superior institutional arrangement demonstrated by economists in the 1980s for achieving a common good in a non-partisan manner. In this article, we argue that this view must be challenged. The growing gap between theory and practices makes plausible a further shift...
This paper studies the gains and losses incurred during the COVID-19 pandemic. A comparison between the gains and losses triggered by both the pandemic and the lockdown indicates that an excess profits tax imposed on the ‘winners’ could partly compensate the ‘losers’ of the same sector.
Based on the 2018 Intergovernmental Panel on Climate Change scenarios, this article studies the credit risk sensitivity of 795 international companies to carbon prices.
Using the IPCC (2018) medium (2024) and long-term (2060) scenarios, this study analyzes the credit risk sensitivity of 763 international companies.
The aim of this work was to develop a robust transition model that should be able to provide information on public policies to avoid either an attractive equilibrium with fossil fuel-intensive capital only, or a collapse due to a climate-induced Minsky moment
On Dec 9-10, 2021, the annual International Conference on Mobility Challenges provided an outstanding opportunity to bring together researchers, industry experts and policy makers to discuss these issues. This note gives a summary of the debate.
Article accepted in the Revue d’Economie Industrielle Hydrogen is a possible alternative to the internal combustion engine, alongside battery-powered vehicles, in the context of reducing greenhouse...
In this article, we build on four methods to show that Art. 2.1(c) of the Paris Agreement comprises a new meaning of ‘finance’ under the United Nations negotiations. Implementation of Art. 2.1(c) requires engagement by governments and non-state actors, including the financial sector.
This paper investigate in particular how child labor varies depending on the nature of electricity supply and the electrical appliances used in the household. We find that the employment probability of children from electrified households is lower than that of children living in non-electrified households only when the household combines grid access and a generator as sources...
This paper investigates the design of a recent regulatory proposal aimed at favoring the emergence of a
battery recycling industry in Europe. It develops a material flow model that projects battery wastes and their recycling potential. Our findings indicate that the feasibility of the European Commission proposed thresholds is not very sensitive to changes of material intensities...
The 11th edition of the annual International Conference on Mobility Challenges brings together experts from academia and industry, pushing the frontier of challenges at the intersection of automotive, energy, and mobility sectors. We welcome internationally renowned speakers as well as participants from the three sponsoring chairs, along with specialists from a wide range of...