The past half-century has seen major shifts in inflation expectations, how inflation comoves
with the business cycle, and how stocks comove with Treasury bonds. Against this backdrop …

Future scenarios with significant anthropogenic climate change also display large increases
in world production of fossil fuels, the principal CO2 emission source. Meanwhile, fossil fuel …

We examine the effect of human capital on energy consumption for a panel of OECD
economies over the period 1965–2014. Our preferred results, which account for cross …

We provide a nonlinear characterization of the macroeconomic impact of microeconomic
productivity shocks in terms of reduced‐form nonparametric elasticities for efficient …

This chapter provides an overview of and user's guide to dynamic factor models (DFMs),
their estimation, and their uses in empirical macroeconomics. It also surveys recent …

Achieving ambitious reductions in greenhouse gases (GHG) is particularly challenging for
transportation due to the technical limitations of replacing oil-based fuels. We apply the …

Transitioning to a low‐carbon economy will entail sweeping transformations of energy and
economic systems. A growing research body has raised concerns about the effect of such …

A diversity of integrated assessment models (IAMs) coexists due to the different approaches
developed to deal with the complex interactions, high uncertainties and knowledge gaps …

While the relationship between oil prices and stock markets is of great interest to
economists, previous studies do not differentiate oil-exporting countries from oil-importing …

The aim of this paper is to explore the short-and long-run asymmetric impact of oil prices
shocks and oil and gas revenues changes on the total real GDP, and the level of economic …