Showing 1 - 10 of 23
adaptation and mitigation expenditures in a cost-effective setting in which countries cooperate to achieve a long … different adaptation modes (reactive and anticipatory), mitigation, and capacity building to analyse the optimal portfolio of … investments in mitigation followed by large adaptation expenditures a few decades later. Hence, the possibility to adapt does not …
Persistent link: https://www.econbiz.de/10011083452
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10011083711
The seminal work by Grossman and Hart (1986) made the study of firm boundaries susceptible to formal economic analysis, and illuminated an important role for markets in providing incentives. In this essay, I discuss some new directions that the literature has taken since. As a central challenge,...
Persistent link: https://www.econbiz.de/10011083406
We use randomized program offers and multiple follow-up survey waves to examine the effects of entrepreneurship training on a broad set of outcomes. Training increases short run business ownership and employment, but there is no evidence of broader or longer run effects. We also test whether...
Persistent link: https://www.econbiz.de/10011084448
model that has been extensively applied to study the climate change mitigation. Our results suggest that climate policy …
Persistent link: https://www.econbiz.de/10011084481
This paper analyses the incentives to participate in and the stability of international climate coalitions. Using the integrated assessment model WITCH, the analysis of coalitions’ profitability and stability is performed under alternative assumptions concerning the pure rate of time...
Persistent link: https://www.econbiz.de/10011083407
that emerging economies can adopt in reacting to OECD countries’ mitigation effort, given the common long-term goal to …
Persistent link: https://www.econbiz.de/10004964422
In this paper we use a simple climate model with endogenous environmental technical change in order to analyse the effects on equity and efficiency of different degrees of restrictions on trade in the market for pollution permits. The model is obtained by incorporating in Nordhaus and Yang...
Persistent link: https://www.econbiz.de/10005789038
The stabilisation of GHG atmospheric concentrations at levels expected to prevent dangerous climate change has become an important, global, long-term objective. It is therefore crucial to identify a cost-effective way to achieve this objective. In this paper we use WITCH, a hybrid...
Persistent link: https://www.econbiz.de/10005791545
This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political...
Persistent link: https://www.econbiz.de/10005124346