The Clean Development Mechanism (CDM) is often an issue of national interest. Decisions of the CDM Executive Board (EB) can thus be expected to be highly politicized. Based on data for about 250 methodologies…
The present paper examines the common wisdom on the contagion from Russia to Brazil. We concentrate our attention principally on the dependence and contagion between Brazil and Russia in the late 1998, and the…
In recent years, the causes and consequences of smuggling have attracted much attention in the media, mainly thanks to academics and policy makers. While a large body of literature is devoted to theoretical…
The Iranian economy is highly vulnerable to oil price fluctuations. This paper analyzes the dynamic relationship between oil price shocks and major macroeconomic variables in Iran by applying a VAR approach.…