Monthly Archives: May 2022

Winners and Losers of the COVID-19 Pandemic: An Excess Profits Tax Proposal

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.

Credit Risk Sensitivity to Carbon Price

Based on the 2018 Intergovernmental Panel on Climate Change scenarios, this article studies the credit risk sensitivity of 795 international companies to carbon prices.