During the last two decades, the issue of international cooperation in climate protection has received increasing attention in economic research. The main focus has been on the underlying economic incentives for…

The aim of the project is to determine the importance of funds assets to the retail investor. Here, we distinguish between a representative retail investor and individual investor groups. Measuring the…

The management of global environmental resources, such as the global climate, requires cooperation between countries. In practice, countries willing to abate the emission of a pollutant that damages a shared…

Export is an important factor for growth and welfare for small, open economies. Since R&D and innovation are also key factors of growth for an industrialized economy, it is interesting to analyze the…

The paper provides new evidence on the factors that explain stock returns on the emerging markets. It focuses on the largest and most developed of the Central and Eastern European markets, the Polish stock…

In most Western industrialised countries the workforce is ageing rapidly. If the productivity contributions of old workers are low, dealing with increasing shares of old employees could be decisive for the…

This paper analyses the state of climate policy in different countries and regions of the world. Possible supply and demand for emission reduction credits until 2020 is derived quantitatively in the PACE-model…