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Climate Effects of Carbon Taxes, Taking into Account Possible Other Future Climate Measures

Habermacher, Florian; Kirchgässner, Gebhard - CESifo - 2011

The increase of fuel extraction costs as well as of temperature will make it likely that in the medium-term future technological or political measures against global warming may be implemented. In assessments of a current climate policy the possibility of medium-term future developments like...

Persistent link: https://www.econbiz.de/10008914276

The Twin Effects of Globalization - Evidence from a Sample of Indian Manufacturing Firms

Daveri, Francesco; Manasse, Paolo; Serra, Danila - CESifo - 2010

and/or may benefit from more rapid careers. Hence, the costs of uncertainty and the benefits of skill upgrading associated …

Persistent link: https://www.econbiz.de/10008671733

Uncertainty and Economic Activity: A Global Perspective

Cesa-Bianchi, Ambrogio; Pesaran, M. Hashem; Rebucci, … - CESifo - 2014

quantifying the impact of uncertainty on macroeconomic dynamics based on the premise that uncertainty causes economic activity to …

Persistent link: https://www.econbiz.de/10010757723

Technology Transfers for Climate Change

Elsayyad, May; Morath, Florian - CESifo - 2013

This paper considers investments in cost-reducing technology in the context of contributions to climate protection. Contributions to mitigating climate change are analyzed in a two-period model where later contributions can be based on better information, but delaying the contribution to the...

Persistent link: https://www.econbiz.de/10010723540

Negotiating to Avoid "Gradual" versus "Dangerous" Climate Change: An Experimental Test of Two Prisoners' Dilemma

Barrett, Scott; Dannenberg, Astrid - CESifo - 2014

According to the Framework Convention on Climate Change, global collective action is needed to stabilize “greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous [our emphasis] anthropogenic interference with the climate system.” The Framework Convention thus...

Persistent link: https://www.econbiz.de/10010734324

The Surprisingly Swift Decline of U.S. Manufacturing Employment

Pierce, Justin R.; Schott, Peter K. - CESifo - 2014

This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U.S. trade policy that eliminated potential tariff increases on Chinese imports. Industries where the threat of tariff hikes declines the most experience more severe employment...

Persistent link: https://www.econbiz.de/10010734330

International Environmental Agreements with Uncertainty, Learning and Risk Aversion

Finus, Michael; Pintassilgo, Pedro; Ulph, Alistair - CESifo - 2014

This paper analyses the formation of international environmental agreements (IEAs) under uncertainty, focusing on the … of IEA formation when countries are risk neutral and another that explores the implications of uncertainty and risk …

Persistent link: https://www.econbiz.de/10010736746

Learning to Export from Neighbors

Fernandes, Ana; Tang, Heiwai - CESifo - 2014

This paper studies how learning from neighboring firms affects new exporters’ performance and dynamics. We develop a statistical decision model in which a firm updates its prior belief about demand of a foreign market based on the number of neighbors currently selling there, the level and...

Persistent link: https://www.econbiz.de/10010752433

On Welfare Frameworks and Catastrophic Climate Risks

Millner, Antony - CESifo - 2013

scientific uncertainty about the effects of increased greenhouse gas concentrations on climate. Criticisms of this controversial …

Persistent link: https://www.econbiz.de/10010703424

Why Uncertainty Matters - Discounting under Intertemporal Risk Aversion and Ambiguity

Traeger, Christian - CESifo - 2012

Uncertainty has an almost negligible impact on project value in the economic standard model. I show that a … comprehensive evaluation of uncertainty and uncertainty attitude changes this picture fundamentally. The analysis relies on the … and with respect to non-risk uncertainty. The paper derives the resulting changes of the risk-free and the stochastic …

Persistent link: https://www.econbiz.de/10009645646