The Fondazione Eni Enrico Mattei (FEEM) is a no-profit, no-partisan research institution established to carry out research in the field of sustainable development. Recognised by the President of the Italian Republic in July 1989, it has since become a leading international research centre. One of its principal aims is to promote interaction between academic, industrial and public policy spheres in order to comprehensively address concerns about economic development and environmental degradation. FEEM circulates a series of working papers in English collecting the output of research in the field of economics, energy and the environment and the presentations made at international workshops and congresses. FEEM's Note di Lavoro are classified into the following series:

CCSD: Climate Change and Sustainable Development

ERM: Energy: Resources and Markets

ES: Economy and Society

The following new series have been added in 2016:

MITP: Mitigation, Innovation and Transformation Pathways

EIA: Climate Change: Economic Impacts and Adaptation

ESP: Energy Scenarios and Policy

SIS: Social Innovation and Sustainability

ET: Economic Theory

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Papers from 2016

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How is Volatility in Commodity Markets Linked to Oil Price Shocks?, Maryam Ahmadi, Niaz Bashiri Behmiri, and Matteo Manera

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Global Oil Market and the U.S. Stock Returns, Maryam Ahmadi, Matteo Manera, and Mehdi Sadeghzadeh

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Policy Surveillance in the G-20 Fossil Fuel Subsidies Agreement: Lessons for Climate Policy, Joseph E. Aldy

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Pathways to Deep Decarbonization in Italy, Isabella Alloisio, Alessandro Antimiani, Simone Borghesi, Enrica De Cian, Chiara Martini, Ramiro Parrado, Maria Cristina Tommasino, Elena Verdolini, and Maria Rosa Virdis

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Improving Flood Damage Assessment Models in Italy, Mattia Amadio, Jaroslav Mysiak, Lorenzo Carrera, and Elco Koks

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Too Early to Pick Winners: Disagreement across Experts Implies the Need to Diversify R&D Investment, Laura Diaz Anadon, Erin Baker, Valentina Bosetti, and Lara Aleluia Reis

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The Impacts of Oil Price Shocks on Stock Market Volatility: Evidence from the G7 Countries, Andrea Bastianin, Francesca Conti, and Matteo Manera

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The Impacts of Exogenous Oil Supply Shocks on Mediterranean Economies, Andrea Bastianin, Marzio Galeotti, and Matteo Manera

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Understanding Dynamic Conditional Correlations between Commodities Futures Markets, Niaz Bashiri Behmiri, Matteo Manera, and Marcella Nicolini

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Employee Representation Legislations and Innovation, Filippo Belloc

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An Empirical Analysis of the Public Spending Decomposition on Organized Crime, Maria Berrittella and Carmelo Provenzano

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EU ETS Facets in the Net: How Account Types Influence the Structure of the System, Simone Borghesi

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Development, Climate Change Adaptation, and Maladaptation: Some Econometric Evidence, Francesco Bosello and Shouro Dasgupta

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Economic Implications of EU Mitigation Policies: Domestic and International Effects, Francesco Bosello, Marinella Davide, and Isabella Alloisio

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Sensitivity to Energy Technology Costs: A Multi-model Comparison Analysis, Valentina Bosetti, Giacomo Marangoni, Emanuele Borgonovo, Laura Diaz Anadon, Robert Barron, Haewon C. McJeon, Savvas Politis, and Paul Friley

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Solving the Clinker Dilemma with Hybrid Output-based Allocation, Frédéric Branger and Misato Sato

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Qualitative Scenario Building for Post-carbon Cities, Margaretha Breil, Cristina Cattaneo, and Katie Johnson

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Climate Change Policy under Polar Amplification, W. Brock and Anastasios Xepapadeas

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Assessing SDGs: A New Methodology to Measure Sustainability, Lorenza Campagnolo, Carlo Carraro, Fabio Eboli, and Luca Farnia

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Including System Integration of Variable Renewable Energies in a Constant Elasticity of Substitution Framework: the Case of the WITCH Model, Samuel Carrara and Giacomo Marangoni

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The Migration Response to Increasing Temperatures, Cristina Cattaneo and Giovanni Peri

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Reforming the IPCC’s Assessment of Climate Change Economics, Gabriel Chan, Carlo Carraro, Ottmar Edenhofer, Charles Kolstad, and Robert N. Stavins

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Bargaining to Lose the Global Commons, Natasha Chichilnisky-Heal and Graciela Chichilnisky

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The not so Gentle Push: Behavioral Spillovers and Policy Instruments, Giovanna d’Adda, Valerio Capraro, and Massimo Tavoni

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Advances and Slowdowns in Carbon Capture and Storage Technology Development, Aurora D'Aprile

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Alternative Approaches for Rating INDCs: a Comparative Analysis, Marinella Davide and Paola Vesco

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Global Energy Demand in a Warming Climate, Enrica De Cian and Ian Sue Wing

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An Attempt to Disperse the Italian Interlocking Directorship Network: Analyzing the Effects of the 2011 Reform, Carlo Drago, Roberto Ricciuti, and Paolo Santella

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A Systemic Approach to the Development of a Policy Mix for Material Resource Efficiency, Tomas Ekvall, Martin Hirschnitz-Garbers, Fabio Eboli, and Aleksander Sniegocki

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Carbon Storage and Bioenergy: Using Forests for Climate Mitigation, Alice Favero, Robert Mendelsohn, and Brent Sohngen

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Environmental Protection for Sale: Strategic Green Industrial Policy and Climate Finance, Carolyn Fischer

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Strategic Subsidies for Green Goods, Carolyn Fischer

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Could Resource Rents Finance Universal Access to Infrastructure? A First Exploration of Needs and Rents, Sabine Fuss, Claudine Chen, Michael Jakob, Annika Marxen, Narasimha D. Rao, and Ottmar Edenhofer

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Vertical Differentiation and Collusion: Cannibalization or Proliferation?, Jean Gabszewicz, Marco Marini, and Ornella Tarola

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Adapting to Climate Change: an Analysis under Uncertainty, David García-León

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Modeling Uncertainty in Climate Change: A Multi-Model Comparison, Kenneth Gillingham, William Nordhaus, David Anthoff, Valentina Bosetti, Haewon C. McJeon, Geoffrey J. Blanford, Peter O. Christensen, John Reilly, and Paul Sztorc

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The Role of Natural Gas in the EU Decarbonisation Path, Manfred Hafner and Simone Tagliapietra

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Second-Best Analysis of European Energy Policy: Is One Bird in the Hand Worth Two in the Bush?, Michael Hübler, Oliver Schenker, and Carolyn Fischer

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The Basilicata Wealth Fund: Resource Policy and Long-run Economic Development in Southern Italy, Roberto Iacono

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The Potential of REDD+ for Carbon Sequestration in Tropical Forests: Supply Curves for carbon storage for Kalimantan, Indonesia, Yonky Indrajaya, Edwin van der Werf, Hans-Peter Weikard, Frits Mohren, and Ekko C. van Ierland

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Delegation and Public Pressure in a Threshold Public Goods Game: Theory and Experimental Evidence, Doruk İriş, Jungmin Lee, and Alessandro Tavoni

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Tipping Points and Loss Aversion in International Environmental Agreements, Doruk Iris and Alessandro Tavoni

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Using Carbon Pricing Revenues to Finance Infrastructure Access, Michael Jakob, Claudine Chen, Sabine Fuss, Annika Marxen, Narasimha Rao, and Ottmar Edenhofer

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China’s Pursuit of Environmentally Sustainable Development: Harnessing the New Engine of Technological Innovation, Wei Jin and ZhongXiang Zhang

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Technology Invention and Diffusion in Residential Energy Consumption. A Stochastic Frontier Approach, Giovanni Marin and Alessandro Palma

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Building Uncertainty into the Adaptation Cost Estimation in Integrated Assessment Models, Anil Markandya and Enrica De Cian

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Anatomy of Risk Premium in UK Natural Gas Futures, Beatriz Martinez and Hipòlit Torró

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Macroeconomic and Financial Effects of Oil Price Shocks: Evidence for the Euro Area, Claudio Morana

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Accelerated Depreciation, Default Risk and Investment Decisions, Paolo Panteghini and Sergio Vergalli

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A Note on Pollution Regulation With Asymmetric Information, Alberto Pench