Trade openness remains one of the key drivers of exchange rate fluctuations in both the long-run and short-run. The relationship between trade openness and exchange rate has long been explained in many theoretical and empirical studies. Nevertheless…
Small Island Developing States (SIDS) like those in the Caribbean region are doubly jeopardized by climate change. They are not major emitters of greenhouse gases, but are amongst the most impacted by the ecological and economic fallout associated…
This paper analyses the effect of green energy promotion policies in a decentralized power industry. We develop a Cournot duopolistic competition between risk-adverse operators each detaining polluting and clean technologies. We show that the…