infonet-economy

We define rank-based estimators (R-estimators) for semiparametric time series models in whichthe conditional location and scale depend on a Euclidean parameter, while the innovation density isan infinite-dimensional nuisance. Applications include linear and nonlinear models, featuring eitherhomo- or heteroskedasticity (e.g. AR-ARCH and discretely observed diffusions with jumps). We...

In this paper, after a review of the evolution of the literature on climate change economics in agriculture, I present some evidence of the impact of different moments of the distribution of rainfall on farmers risk aversion. It is found that while more rainfall is negatively associated with the probability of observing risk aversion, rainfall variability is positively correlated....

Cette contribution se propose de traiter de la possible émergence d'une nouvelle norme internationale en matière de politique environnementale, qui viendrait renforcer la norme actuelle de l'environnementalisme libéral. Dans un contexte marqué par un pessimisme croissant quant à la possibilité pour nos sociétés d'éviter les effets les plus négatifs du changement...