News
February 27 2014

Milan, Italy: FEEM seminar on "Evaluation of Long-dated Investments under Uncertain Growth Trend, Volatility and Catastrophes"



In this FEEM seminar, Christian Gollier - Director of the Toulouse School of Economics - presents a paper that examines the term structures of interest rates and risk premia when the random walk of economic growth is affected by some parametric uncertainty. The original findings of this study are then applied to the evaluation of climate change policy, and the authors argue in particular that the beta of actions to mitigate climate change is relatively large, so that the term structure of the risk-adjusted discount rates should be increasing.


Fondazione Eni Enrico Mattei

FEEM Newsletter & Update

Subscribe to stay connected.

Your data will be processed by FEEM - Eni Enrico Mattei Foundation - Data Controller - to receive the Foundation's Newsletter & Update via e-mail. To send the requested information, the Data Controller uses e-mail sending service providers established in the U.S.A .: for this, your consent to the transfer of your email address to the U.S.A. is required, without which it will not be possible to comply with your request. We invite you to consult the complete information to obtain detailed information to protect your rights.