Blar i Arbeidsnotater / Working Papers på forfatter "Kapfhammer, Felix"
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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 ...