Similar Search Results

Shayegh, Soheil; Bosetti, Valentina; Dietz, Simon; … - 2018

Over the last few decades, integrated assessment models (IAM) have provided insight into the relationship between climate change, economy, and climate policies. The limitations of these models in capturing uncertainty in climate parameters, heterogeneity in damages and policies, have given rise...

Persistent link: https://www.econbiz.de/10011850330

Incentives and stability of international climate coalitions : an integrated assessment

Bosetti, Valentina; Carraro, Carlo; De Cian, Enrica; … - 2011

2-eq. More ambitious targets lead to the collapse of the coalition. -- Climate Policy ; Climate Coalition ; Game Theory …

Persistent link: https://www.econbiz.de/10009419726

Emissions pricing to stabilize global climate

Bosetti, Valentina; Paltsev, Sergey V.; Reilly, John M.; … - 2011

In the absence of significant greenhouse gas (GHG) mitigation, many analysts project that atmospheric concentrations of species identified for control in the Kyoto protocol could exceed 1000 ppm (carbon-dioxide-equivalent) by 2100 from the current levels of about 435 ppm. This could lead to...

Persistent link: https://www.econbiz.de/10009376040

Clean and dirty international technology diffusion

Bosetti, Valentina; Verdolini, Elena - 2013

This paper investigates the role of Intellectual Property Rights (IPR) protection and Environmental Policies (EPs) on clean (renewable) and dirty (fossil-based) technology diffusion from top-innovators. IPR protection and EPs are extensively debated policy tools, as IPR protection addresses...

Persistent link: https://www.econbiz.de/10009756305

The stability and effectiveness of climate coalitions : a comparative analysis of multiple integrated assessment models

Lessmann, Kai; Kornek, Ulrike; Bosetti, Valentina; … - 2014

In this paper we report results from a comparison of numerically calibrated game theoretic integrated assessment models that explore stability and performance of international coalitions for climate change mitigation. Specifically, by means of this ensemble of models we are able to identify...

Persistent link: https://www.econbiz.de/10010232324

The macroeconomic cost of climate volatility

Alessandri, Piergiorgio; Mumtaz, Haroon - 2021

We study the impact of climate volatility on economic growth exploiting data on 133 countries between 1960 and 2005. We show that the conditional (ex ante) volatility of annual temperatures increased steadily over time, rendering climate conditions less predictable across countries, with...

Persistent link: https://www.econbiz.de/10012608712

Volatility co-movement and the great moderation : an empirical analysis

Mumtaz, Haroon; Theodoridis, Konstantinos - 2016

We propose an extended time-varying parameter Vector Autoregression that allows for an evolving relationship between the variances of the shocks. Using this model, we show that the relationship between the conditional variance of GDP growth and the long-term interest rate has become weaker over...

Persistent link: https://www.econbiz.de/10011554403

Global climate policy architecture and political feasibility: specific formulas and emission targets to attain 460 ppm CO2 concentrations

Bosetti, Valentina; Frankel, Jeffrey A. - 2009

Three gaps in the Kyoto Protocol most badly need to be filled: the absence of emission targets extending far into the future, the absence of participation by the United States, China, and other developing countries, and the absence of reason to think that members will abide by commitments. To be...

Persistent link: https://www.econbiz.de/10008824519

Politics and economics of second-best regulation of greenhouse gases : the importance of regulatory credibility

Bosetti, Valentina; Victor, David G. - 2010

Modellers have examined a wide array of ideal-world scenarios for regulation of greenhouse gases. In this ideal world …”—which has a strikingly small impact on total world cost of carbon regulations if international trade in emission credits allows … another factor that analysts have largely ignored: credibility. In the real world governments find it difficult to craft and …

Persistent link: https://www.econbiz.de/10008702084

Climate change and income inequality : an empirical analysis

Mumtaz, Haroon; Theophilopoulou, Angeliki - 2023

The role of climate change on economic performance and output has been studied extensively in the empirical literature, however, its distributional effects have received little attention. This paper attempts to fill this gap by investigating whether climate shocks affect income inequality in a...

Persistent link: https://www.econbiz.de/10014455410