Karol Kempa

Director • Head

Director

Since January 2018, Karol Kempa is a post-doctoral researcher at the Frankfurt School of Finance & Management as part of the Robert Bosch Foundation’s research project on the design of climate and energy policy instruments in emerging and developing countries. He has been a member of the research group at the FS-UNEP Collaborating Centre for Climate and Sustainable Energy Finance since October 2011.
Karol Kempa holds a PhD in economics from the Justus-Liebig University Giessen, specializing in energy- and sports economics, where he also taught in the master and bachelor programmes from 2013 to 2017. He holds a Diploma degree in economics (Justus-Liebig University Giessen) and a master’s degree in economics (University of Wisconsin – Milwaukee).
His main research areas are environmental and energy economics, focusing in particular on the role of technological progress, financial markets, and policy instruments for climate-relevant investment. He is also interested in sports economics.

Economics & Law Department
Head
International Advisory Services

PUBLICATIONS

Haas, C., Kempa, K., Moslener, U., 2023. Dealing with deep uncertainty in the energy transition: what we can learn from the electricity and transportation sectors, Energy Policy Vol. 179(113632).

Haas, C., Jahns, H., Kempa, K., Moslener, U., 2023. Deep uncertainty and the transition to a low-carbon economy, Energy Research & Social Science Vol. 100(Art-Nr. 103060).

Haas, C., Kempa, K., 2023. Low-Carbon Investment and Credit Rationing, Environmental and Resource Economics Vol. 86, pp. 109-145.

Kempa, K., 2022. Task-specific human capital and returns to specialization: evidence from association football, Oxford Economic Papers Vol. 74(1), pp. 136-154.

Kempa, K., Moslener, U., Schenker, O., 2021. The cost of debt of renewable and non-renewable energy firms, Nature Energy Vol. 6, pp. 134-142.

Kempa, K., Moslener, U., 2020. If a Measure Becomes a Target: How Maximizing Mobilized Private Climate Finance May Backfire, Zeitschrift für Umweltpolitik und Umweltrecht Vol. 43(1), pp. 26-40.

Kempa, K., Rusch, H., 2019. Dissent, Sabotage, and Leader Behaviour in Contests: Evidence from European Football, Managerial and Decision Economics Vol. 40(5), pp. 500-514.

Bruns, S., Asanov, I., Bode, R., Dunger, M., Funk, C., Hassan, S., Hauschildt, J., Heinisch, D., Kempa, K., König, J., Lips, J., Verbeck, M., Wolfschütz, E., Buenstorf, G., 2019. Reporting errors and biases in published empirical findings: Evidence from innovation research, Research Policy Vol. 48(9).

Haas, C., Kempa, K., 2018. Directed Technical Change and Energy Intensity Dynamics: Structural Change vs. Energy Efficiency, Energy Journal Vol. 39(4), pp. 127-151.

Kempa, K., Moslener, U., 2017. Climate Policy with the Chequebook: an Economic Analysis of Climate Investment Support, Economics of Energy & Environmental Policy Vol. 6(1), pp. 111-129.

Greiff, M., Hildenbrand, A., Kempa, K., 2013. Endogene Preisführerschaft am Beispiel der amerikanischen Zigarettenindustrie, Wirtschaftswissenschaftliches Studium Jg. 42(11), pp. 658-662.

Haas, C., Kempa, K., 2020. Low-Carbon Investment and Credit Rationing.

Michaelowa, A., Moslener, U., Mikolajczyk, S., Hoch, S., Pauw, W., Krey, M., Kempa, K., Espelage, A., Weldner, K., Jung, C., 2019. Opportunities for mobilizing private climate finance through Article 6.

Kempa, K., Moslener, U., 2016. Climate Policy with the Chequebook: Economic Considerations on Climate Investment Support, Frankfurt School - Working Paper Series 219, Frankfurt am Main: Frankfurt School of Finance & Management.