Reyes and Mazier present a first version of an econometric stock flow consistent (SFC) model of the French economy – an aggregate model with a single product, five domestic agents and the rest of the world with a complete representation of real and financial sectors in stocks and flows.
An econometric SFC model of the French economy is presented. The structure of the model is analogous to that of already existing national-level SFC models. The dynamic simulations on the past over the period 1996-2019 provide acceptable results. In a second part the effects of unconventional monetary policy are evaluated such as the distribution of helicopter money in...
This article reviews the epistemological status of functionalism in ecology and highlights some important implications for ecological economics. One of the most important aspects is that there is no such thing as "functioning" in nature.
Un tour d’horizon de la littérature sur la valorisation du carbone met en lumière les difficultés à concilier des objectifs écologiques, économiques, sociaux et politiques. Nous dégageons de cette littérature trois enjeux prioritaires pour fonder une politique de conciliation.
We develop an algorithm called M.I.D.A.S. (Italian Day-Ahead Market Solver) that simulates by iterative splitting the hourly equilibrium (price-quantity) of the Italian day-ahead market taking into account all transmission constraints between zones and the import from neighbouring countries. The algorithm is employed to study the sensitivity of equilibria to changes in production from units employing variable renewable sources, notably...
Silvia Concettini, Bastien Alonzo, Anna Creti, Philippe Drobinski, Peter Tankov
Article published in Energies 2022, 15. Investments into wind generation may be hampered by revenues uncertainty caused by the natural variability of the resource, the...
Paul Lucchese, Jean-Pierre Ponssard, Gérard Bonhomme, Katia Ronzeau, Julie Pinel, David Le Noc, Nicolas Peugniez
Il est probable, mais pas certain, que l’hydrogène joue un rôle significatif dans la décarbonation de la plupart des sociétés au cours des prochaines années, moyennant la levée de verrous, décrits dans cette note. Nous pensons qu’il faudra amplifier la pédagogie autour de l’hydrogène afin que les investisseurs, les financeurs de projets ou les...
Katie Kedward, Josh Ryan-Collins, and Hugues Chenet
In this paper, we examine how central banks and financial supervisors are approaching the topic of BRFR in relation to climate-related financial risk. We argue that policymakers should focus upon the broader concept of systemic environmental-financial risks to account for the interactions and trade-offs between both domains of biodiversity and climate change.
This article studies the exploitation of recyclable exhaustible resources such as metals that are crucial for the energy transition or phosphorus that is crucial for agricultural production. We use a standard Hotelling model of resource exploitation that includes a primary sector and a recycling sector.
Cette thèse fait la supposition que le problème écologique est un problème double, en réalité : qu'il interroge la possibilité d'une rationalisation des entités écologiques, mais aussi, plus indirectement, la robustesse des finalités de l'agent.
