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Energy and Climate Change in China
Carraro, Carlo; Massetti, Emanuele - C.E.P.R. Discussion Papers - 2012
This paper examines future energy and emissions scenarios in China generated by the Integrated Assessment Model WITCH … levels. The elasticity of China’s emissions is estimated by pooling observations from all scenarios and compared with the … elasticity of emissions in OECD countries. China has a higher elasticity than the OECD for a carbon tax lower than 50$ per ton of …
Persistent link: https://www.econbiz.de/10011084331
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Winning the War, Losing the Peace? Britain's Post-War Recovery in a West German Mirror
Eichengreen, Barry; Ritschl, Albrecht - C.E.P.R. Discussion Papers - 1998
-up, and country-specific long-term experience. Examining competition policy and macroeconomic demand management, we find only …
Persistent link: https://www.econbiz.de/10005124060
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West German Growth and Institutions, 1945-90
Carlin, Wendy - C.E.P.R. Discussion Papers - 1994
1950s focuses on an explanation of the growth failure of the Weimar period and the policy moves after 1945 which led to … Weimar highlights the importance of the policy of openness to international trade and the demise of the traditional pro …-cartel attitude of policy-makers.German growth in the 1960s was characterized by adjustment to labour shortage brought on abruptly by …
Persistent link: https://www.econbiz.de/10005498051
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Monetary Overhang and Reforms in the 1940s
Dornbusch, Rudiger; Wolf, Holger C - C.E.P.R. Discussion Papers - 1990
The monetary overhang, pervasive with price controls and shortages in Eastern Europe and the Soviet Union, offers close parallels to the post-1945 picture of Europe. At that time monetary reform was used in many countries, in one form or another, to bring liquid assets in line with the...
Persistent link: https://www.econbiz.de/10005661987
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Economic Burden or Benefit? A Positive View of Old Age
Thane, Pat - C.E.P.R. Discussion Papers - 1987
In the current debate about the ageing of British and other societies the changing age structure is seen in almost entirely negative terms. This paper argues for a less pessimistic approach. The transition to an older population will be gradual enough to allow us time to plan. The overall...
Persistent link: https://www.econbiz.de/10005662408
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Euro Area Government Bonds—Integration and Fragmentation During the Sovereign Debt Crisis
Ehrmann, Michael; Fratzscher, Marcel - C.E.P.R. Discussion Papers - 2015
in yields following the OMT announcement, the high current degree of fragmentation poses difficult challenges for policy …-makers, since it leads to an unequal transmission of the ECB’s monetary policy to the various countries. …
Persistent link: https://www.econbiz.de/10011276387
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Cartels Uncovered
Hyytinen, Ari; Steen, Frode; Toivanen, Otto - C.E.P.R. Discussion Papers - 2010
How many cartels are there? The answer is important in assessing the efficiency of competition policy. We present a … industry or not. Our model identifies key policy parameters from data generated under different competition policy regimes and …
Persistent link: https://www.econbiz.de/10008468608
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Endogenous Minimum Participation in International Environmental Treaties
Carraro, Carlo; Marchiori, Carmen; Oreffice, Sonia - C.E.P.R. Discussion Papers - 2004
Many international treaties come into force only after a minimum number of countries have signed and ratified the treaty. Why do countries agree to introduce a minimum participation constraint among the rules characterizing an international treaty? This question is particularly relevant in the...
Persistent link: https://www.econbiz.de/10005123732
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On the Consequences of the US Withdrawal from the Kyoto/Bonn Protocol
Buchner, Barbara; Carraro, Carlo; Cersosimo, Igor - C.E.P.R. Discussion Papers - 2002
The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties has important implications for both the effectiveness and the efficiency of future climate policies. Among these implications, those related with technical change and...
Persistent link: https://www.econbiz.de/10005124246
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Can Equity Enhance Efficiency? Some Lessons from Climate Negotiations
Bosello, Francesco; Buchner, Barbara; Carraro, Carlo; … - C.E.P.R. Discussion Papers - 2003
free-riding incentives is a policy mix in which global emission trading is coupled with a transfer mechanism designed to …
Persistent link: https://www.econbiz.de/10005136584