Browsing Centre for Applied Macro- and Petroleum economics (CAMP) by Author "Kapfhammer, Felix"

Now showing items 1-3 of 3

    • Climate Risk and Commodity Currencies 

      Kapfhammer, Felix; Larsen, Vegard H.; Thorsrud, Leif Anders (CAMP Working Paper Series;10/2020, Working paper, 2020-12-03)
      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 (CAMP Working Paper Series;08/2023, Working paper, 2023-09-17)
      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 ...

    • The Economic Consequences of Effective Carbon Taxes 

      Kapfhammer, Felix (CAMP Working Paper Series;01/2023, Working paper, 2023-01)
      This paper studies the economic consequences of carbon taxes at the macroeconomic and sectoral level. I propose a novel monthly measure of effective carbon tax rates, which, in contrast to the measures used by the existing ...