Research Fellows

The Impact of Randomness on the Distribution of Wealth: Some Economic Aspects of the Wright-Fisher Diffusion Process

Article published in Physica A: Statistical Mechanics and its Applications (August 2017). Abstract. In this paper we consider some elementary and fair zero-sum games...  

Symposium on Carbon Prices’ presentations

Download all the material that has been produced during the Symposium for the High Level commission on Carbon prices (17 May 2017).

Relational Capabilities and Subjective Well-Being: Influence of Exclusion and Ethnic Polarization

This paper presents novel approach about ethnic polarization in a country and extends its relevance beyond social conflict and civil wars to subjective well-being (SWB) and relational capabilities construct.

Coherent Multidimensional Poverty Measurement

This paper presents a family of multidimensional poverty indexes that measure poverty as a function of the extent and the intensity of poverty.

Does environmental regulation create merger incentives?

Published in Energy Policy June 2017. This paper studies merger incentives for polluting Cournot firms under a competitive tradable emission permits market.

The Chair’s Seminar – Speeker Michaël Ghil

Le séminaire "Modélisation de la transition écologique" vise à favoriser les échanges entre membres de la Chaire appartenant à des institutions différentes. Michael Ghils interviendra sur le sujet "Coupled Climate–Economics Modeling and Data Analysis: Endogenous Business Cycles and Fluctuation–Dissipation Theory"

Third international workshop: the energy transition in land transportation

Guy MeunierJean-Pierre PonssardResearch areaResearch FellowsSectoral PoliciesComments Off on Third international workshop: the energy transition in land transportation

The workshop will promote exchanges between research scientists with decision makers on the key issue of land transportation for mitigating climate change. Call for paper open untill June 30.

CO2 content of electricity losses

Published in Energy Policy - Vol 104 - May 2017. We study the importance in terms of CO2 emissions the extra amount of energy necessary to cover losses. With this purpose we use Spanish market and system data with hourly frequency from 2011 to 2013. Our results show that indeed electricity losses significantly explain CO2 emissions, with a higher CO2 emissions rate when covering losses than the average rate of the system.

The effect of countries’ ESG ratings on their sovereign borrowing costs

The article examines whether the extra-financial performance of countries on environmental, social and governance (ESG) factors matters for sovereign bonds markets. Using a panel regression model over a data set with 23 OECD countries from 2007 to 2012, it shows that ESG ratings significantly decrease government bond spreads.

Symposium for the Stern Stiglitz Commission on Carbon Prices

Gael GiraudMacro-economical and societal challengesComments Off on Symposium for the Stern Stiglitz Commission on Carbon Prices

The Chair Energy and Prosperity is very pleased to invite you to attend its Annual Symposium, this year topic is the "Stern-Stiglitz Commission on Carbon Prices".