Paddy CarterImpact and durationI have been thinking about the relationship between impact and the duration of investments. When should an impact investor tie their money…Apr 13, 2023Apr 13, 2023
Paddy CarterNominal interest rates and the cost of electricity (continued)I wrote a blog about how higher nominal interest rates won’t necessarily result in higher real electricity tariffs from renewables…Dec 20, 2022Dec 20, 2022
Paddy CarterIs investment low because private return requiremOne of the things I learnt when writing the paper Risk, Return and Impact was how private equity investors think about required returns. I…Nov 16, 2022Nov 16, 2022
Paddy CarterA framework for investing with altruism, by Jonathan Harris.[link to paper]Jun 5, 2022Jun 5, 2022
Paddy CarterThe economics of investment subsidies — draft terms of reference.I am looking for an academic economist (or economists) who:Apr 27, 2022Apr 27, 2022
Paddy CarterAttribution (not contribution)Private businesses are usually financed by more than one investor, each of which may want to attribute some share of what those businesses…Feb 3, 2022Feb 3, 2022
Paddy CarterCarbon taxesThis is a response to a Twitter thread with Eric Lonergan and Max Jerneck about climate policy and the economics of externalities, which I…Jan 10, 2022Jan 10, 2022
Paddy CarterImpact Investing: a theory of social enterprises, by Ben Roth.[link to paper]Dec 15, 2021Dec 15, 2021
Paddy CarterIndirect effects of investment on poverty are not trickledown economics.CDC is sometimes accused of practicing trickledown economics, because we talk about the indirect effects of investments and we want to…Apr 13, 2021Apr 13, 2021
Paddy CarterRich countries must subsidise the investments needed for electricity grids in developing countries…Caveats: this is my personal opinion and has nothing to do with my employer. I’ve posted this to solicit feedback that will improve the…Sep 10, 2020Sep 10, 2020