The Journal of New Finance (JNF) is a peer-reviewed quarterly journal devoted to the publication of world class research across all major areas of finance. The journal targets as an audience both academics and industry practitioners, with a special emphasis for investment managers and risk managers. The JNF is promoted by the Universidad Francisco Marroquin Madrid.
See the Mission Statement for a complete coverage of the journal.
Current Issue: Volume 3, Number 3 (2022) Market-Based Approaches to Climate Change
Climate change poses one of the most pressing challenges of our time, and addressing it effectively will require innovative solutions that harness the power of markets. We invite scholars, researchers, and practitioners to submit their work for a Special Issue on "Market-Based Approaches to Climate Change," exploring various aspects of this critical issue broadly from economics to finance.
Topics of Interest:
- Energy Markets: Exploring the role of energy markets in reducing carbon emissions, promoting renewable energy, and achieving a sustainable energy future.
- The Ostromian Approach: Analyzing the relevance of Elinor Ostrom's principles to address climate and environmental problems and the potential of community-based and polycentric solutions.
- Cap and Trade Systems: Assessing the effectiveness and efficiency of cap-and-trade systems in reducing greenhouse gas emissions and promoting innovation.
- Financial Instruments: Investigating the role of financial instruments, such as carbon markets and green bonds, in driving sustainable investments and climate mitigation.
- Market Adaptation: Understanding how traditional markets have adapted to the new reality of climate change and the potential for emerging markets in the green economy.
- Assessment of mainstream, traditional climate-econ models: Integrated Assessment Models (IAM) such as Dynamic Integrated Climate-Economy (DICE) model or PAGE models, Computable General Equilibrium Models, or Sector-Specific models.
- Free Market Climate Policies: Policies that address climate change by expanding freedom and removing barriers for beneficial innovators and decarbonizing innovations.
Article
Navigating Past the Tragedy of the Commons
Maximilian Theriot and Walter E. Block