This paper aims to estimate the optimal environmental policy in the elektricity generation sector for each of the EU countries maximizing total welfare. The study uses a recently proposed theoretical corporate finance model and empirically estimate each of its components using the current state...

This study quantifies the financial burden of acute air pollution on the French healthcare system. By combining comprehensive French administrative health data for a nationally representative sample with high-resolution geospatial data on air pollution and meteorological conditions, the...

The goal of this work is to improve the spatial representation of the Regional Dynamic Integrated model of Climate and the Economy (RICE), in its '99 version, focusing on the Mediterranean countries, while also updating the calibration to the base year 2015. We evaluate the impact of climate...

We produce estimates of the pecuniary costs of inadequate investment in human capital for countries, macro regions and the world at large. These costs are borne by individuals (private costs), the government (fiscal costs), and society, which includes both individuals and the government (social...

We revisit the estimation of the welfare costs of inflation originating from lack of liquidity satiation for 11 low-inflation and 5 high-inflation countries, and for Weimar Republic's hyperinflation. Our evidence suggests that, contrary to the implicit assumption in much of the literature, these...

The study provides forward-looking estimates for economic damages from floods and tropical cyclones (TC) for a wide range of countries using global datasets. Damages are estimated for three Intergovernmental Panel on Climate Change (IPCC) scenarios and aggregated at the country level, building...