Browsing Norges Banks vitenarkiv by Author "Kapfhammer, Felix"

Now showing items 1-2 of 2

    • Climate risk and commodity currencies 

      Kapfhammer, Felix; Larsen, Vegard H.; Thorsrud, Leif Anders (Working Paper;18/2020, Working paper, 2020)
      The positive relationship between real exchange rates and natural resource income is well understood and studied. However, climate change and the transition to a lower-carbon economy now challenges this relationship. We ...

    • The drivers of emission reductions in the European carbon market 

      Bjørnland, Hilde C.; Cross, Jamie L.; Kapfhammer, Felix (Working paper;1/2024, Working paper, 2024)
      This paper studies the drivers of emission reductions in the carbon market of the European Union Emission Trading System (EU ETS) since its inception in 2005. We introduce a novel empirical framework that facilitates the ...