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Laurent Millischer

Joint Vienna Institute

SCHOLARLY PAPERS

8

DOWNLOADS

729

TOTAL CITATIONS

1

Scholarly Papers (8)

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1.

The Carrot and the Stock: In Search of Stock-Market Incentives for Decarbonization

Downloads 150 (497,070)

The Carrot and the Stock: In Search of Stock-Market Incentives for Decarbonization

Number of pages: 53 Posted: 13 Dec 2022 Last Revised: 23 Aug 2023
Laurent Millischer, Tatiana Evdokimova and Oscar Fernandez
Joint Vienna Institute, Joint Vienna Institute and Vienna University of Economics and Business
Downloads 105 (674,237)

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European Union Emissions Trading Scheme, Carbon price, Stock price valuation, ClimateFinance, climate change mitigation, Multifactor Market Model

The Carrot and the Stock: In Search of Stock-Market Incentives for Decarbonization

IMF Working Paper No. 2022/231
Number of pages: 56 Posted: 13 Dec 2022
Laurent Millischer, Tatiana Evdokimova and Oscar Fernandez
Joint Vienna Institute, Joint Vienna Institute and Vienna University of Economics and Business
Downloads 45 (1,144,483)

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European Union Emissions Trading Scheme, Carbon price, Stock price valuation, Climate Finance, Climate Change Mitigation, Multifactor Market Model

2.

Credit Risk Where It’s Due: Carbon Pricing and Firm Defaults

Number of pages: 59 Posted: 25 Oct 2023 Last Revised: 11 Feb 2025
Stefan Löschenbrand, Martin Maier, Laurent Millischer and Florian Resch
Oesterreichische Nationalbank (OeNB), Oesterreichische Nationalbank (OeNB), Joint Vienna Institute and Oesterreichische Nationalbank (OeNB)
Downloads 147 (502,974)

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Credit Risk, Climate Change, Scenario Analysis, Transition Risk, Carbon Pricing

3.

Advances in Multivariate Back-testing for Credit Risk Underestimation

ECB Working Paper No. 1885
Number of pages: 35 Posted: 05 Jul 2016
François Coppens, Manuel Mayer, Laurent Millischer, Florian Resch, Stephan Sauer and Klaas Schulze
National Bank of Belgium, Oesterreichische Nationalbank (OeNB), Joint Vienna Institute, Oesterreichische Nationalbank (OeNB), European Central Bank (ECB) and Deutsche Bundesbank
Downloads 141 (527,599)

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credit ratings, probability of default, back-testing, one-sided

4.

A Divine Coincidence? Do Renewables Shield Inflation from Fossil Fuel-Price Fluctuations?

Number of pages: 41 Posted: 03 Jan 2024
Laurent Millischer, Chenxu Fu, Ulrich Volz and John Beirne
Joint Vienna Institute, Asian Development Bank Institute, University of London - School of Oriental and African Studies (SOAS) - Economics and Asian Development Bank
Downloads 115 (621,896)

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Inflation, Renewable Energy, Energy Prices, Oil Price, Monetary Policy

5.

Credit Risk Where It's Due

IMF Working Paper No. 2025/062
Number of pages: 62 Posted: 02 Apr 2025
Stefan Löschenbrand, Martin Maier, Laurent Millischer and Florian Resch
Oesterreichische Nationalbank (OeNB), Oesterreichische Nationalbank (OeNB), Joint Vienna Institute and Oesterreichische Nationalbank (OeNB)
Downloads 54 (1,020,567)

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Credit Risk, Climate Change, Transition Risk, Carbon Pricing

6.

Transition Risk Beyond Carbon Intensity

Number of pages: 34 Posted: 02 Aug 2025
Tatiana Evdokimova and Laurent Millischer
Joint Vienna Institute and Joint Vienna Institute
Downloads 47 (1,109,210)

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Credit Risk, Climate Change, Transition Risk, Carbon Pricing.

7.

Credit Risk Where It's Due: Carbon Pricing and Firm Defaults

Number of pages: 46 Posted: 16 Oct 2025
Stefan Löschenbrand, Martin Maier, Laurent Millischer and Florian Resch
Oesterreichische Nationalbank (OeNB), Oesterreichische Nationalbank (OeNB), Joint Vienna Institute and Oesterreichische Nationalbank (OeNB)
Downloads 42 (1,183,237)
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credit risk, Climate Change, Transition Risk, Carbon Pricing

8.

Credit Loss in Translation

IMF Working Paper No. 2025/228
Number of pages: 59 Posted: 19 Nov 2025
Marco Gross and Laurent Millischer
International Monetary Fund (IMF) and Joint Vienna Institute
Downloads 33 (1,290,922)

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Credit loss modeling, provisioning, micro-prudential policy, macroprudential policy