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, we first estimate the effect of temperature on household borrowing and savings using Vietnamese longitudinal data that … associated with a 6.3 per cent decrease in household savings and a 1.4 per cent increase in household borrowing. In the case of … household savings, we find that the effects of temperature shocks are more pronounced on informal savings than formal savings …
Persistent link: https://www.econbiz.de/10014314662
simple precautionary savings analysis to more complex economic interactions and it builds the economic intuition for policy …
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Transitioning to a low-carbon economy will require significant investment to transform energy systems, alter the built environment and adapt infrastructure. A strategy to finance this investment is needed if the limit of a 2°C increase in global mean temperatures is to be respected. Also,...
Persistent link: https://www.econbiz.de/10011010744
, we first estimate the effect of temperature on household borrowing and savings using Vietnamese longitudinal data that … associated with a 6.3 per cent decrease in household savings and a 1.4 per cent increase in household borrowing. In the case of … household savings, we find that the effects of temperature shocks are more pronounced on informal savings than formal savings …
Persistent link: https://www.econbiz.de/10014477620
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This paper identifies potential drivers and individuals' willingness to pay (WTP) for offsetting their emissions from traveling. We focus on the effects of framing the polluting activity with different modes of transportation (i.e. bus and plane) and travel occasions (i.e. holiday and...
Persistent link: https://www.econbiz.de/10011642845