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…4 min read·Apr 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…6 min read·Dec 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…6 min read·Nov 16, 2022----
Paddy CarterA framework for investing with altruism, by Jonathan Harris.[link to paper]17 min read·Jun 5, 2022----
Paddy CarterThe economics of investment subsidies — draft terms of reference.I am looking for an academic economist (or economists) who:8 min read·Apr 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…8 min read·Feb 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…7 min read·Jan 10, 2022----
Paddy CarterImpact Investing: a theory of social enterprises, by Ben Roth.[link to paper]11 min read·Dec 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…8 min read·Apr 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…6 min read·Sep 10, 2020----