This paper offers a comprehensive description of the integrated assessment model (IAM) RESPONSE developed at CIRED. RESPONSE aims at providing a consistent framework to appraise alternative modelling choices made by the main existing IAMs. It is designed as a flexible tool able to take different...

This paper discusses the growth model with environmental constraints recently presented in (Acemoglu et al., 2011) which focuses on the redirection of technical change by climate policies with research subsidies and a carbon tax. First, Acemoglu et al.'s model and chosen parameters yield...

This paper offers a comprehensive description of the integrated assessment model (IAM) RESPONSE developed at CIRED. RESPONSE aims at providing a consistent framework to appraise alternative modelling choices made by the main existing IAMs. It is designed as a flexible tool able to take different...

This paper discusses the growth model with environmental constraints recently presented in (Acemoglu et al., 2011) which focuses on the redirection of technical change by climate policies with research subsidies and a carbon tax. First, Acemoglu et al.'s model and chosen parameters yield...

This paper examines quantity-targeting monetary policy in a two-period economy with fiat money, endogenously incomplete markets of financial securities, durable goods and production. Short positions in financial assets and long-term loans are backed by collateral, the value of which depends on...

This paper examines quantity-targeting monetary policy in a two-period economy with fiat money, endogenously incomplete markets of financial securities, durable goods and production. Short positions in financial assets and long-term loans are backed by collateral, the value of which depends on...

Despite the inextricable link between oil scarcity and climate change, the interplay between these two issues is paradoxically an underworked area. This article uses a global energy-economy model to address the link between future oil supply and climate change and assesses in a common framework...

This paper is motivated by the rising interest in assessing the effect of disruptions in resources and environmental conditions on economic growth. Such an assessment requires, ultimately, the use of truly integrated models of the climate and economic systems. For these purposes, we have...

The European Union commitment to implement the Kyoto Protocol has been recently criticised by some Member States and high level officials who claim that such a policy would threaten the competitiveness of European industry vis-à-vis countries without a commitment. This concern has been voiced...

Nous quantifions l'impact, sur la compétitivité de douze secteurs industriels, d'une réduction unilatérale des émissions de gaz à effet de serre dans l'Union européenne. Nous montrons tout d'abord que les secteurs intensifs en CO2 sont moins exposés à la compétition extra communautaire...