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Climate change feedback on economic growth : explorations with a dynamic general equilibrium model

Eboli, Fabio; Parrado, Ramiro; Roson, Roberto - 2009

change impacts. These impacts affect the economy in multiple and complex ways: changes in productivity, resource endowments …, production and consumption patterns. We use a new dynamic, multi-regional Computable General Equilibrium (CGE) model of the world … economy to answer the following questions: Will climate change impacts significantly affect growth and wealth distribution in …

Persistent link: https://www.econbiz.de/10008810995

How does globalization affect the synchronization of business cycles?

Kose, M. Ayhan (contributor); Prasad, Eswar S. (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001745312

Remittances, migrants' education and immigration policy : theory and evidence from bilateral data

Docquier, Frédéric; Rapoport, Hillel; Salomone, Sara - 2011

We investigate the relationship between remittances and migrants' education both theoretically and empirically, using original bilateral remittance data. At a theoretical level we lay out a model of remittances interacting migrants' human capital with two dimensions of immigration policy:...

Persistent link: https://www.econbiz.de/10009519903

Regionalization vs. globalization

Hirata, Hideaki; Kose, M. Ayhan; Otrok, Christopher M. - 2013

Persistent link: https://www.econbiz.de/10009681182

Adaptation can help mitigation : an integrated approach to post-2012 climate policy

Bosello, Francesco; Carraro, Carlo; De Cian, Enrica - 2011

The latest round of international negotiations in Copenhagen led to a set of commitments on emission reductions which are unlikely to stabilise global warming below or around 2°C. As a consequence, in the absence of additional ambitious policy measures, adaptation will be needed to address...

Persistent link: https://www.econbiz.de/10009298167

Alternative paths toward a low carbon world

Bosetti, Valentina; Carraro, Carlo; Tavoni, Massimo - 2010

contains several idealistic assumptions that could be violated in the real world where some technologies may not be fully … available, technology transfers and diffusion are imperfect, some world regions may not accept to reduce their GHG emissions …

Persistent link: https://www.econbiz.de/10008729164

Crises, what crises?

Campos, Nauro (contributor); Hsiao, Cheng (contributor); … - 2006

Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises that are the most important drivers of structural...

Persistent link: https://www.econbiz.de/10003348532

Does openness to international financial flows contribute to productivity growth?

Kose, M. Ayhan (contributor); Prasad, Eswar S. (contributor) - 2008

Economic theory has identified a number of channels through which openness to international financial flows could raise productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output growth, far less attention has been paid to its...

Persistent link: https://www.econbiz.de/10003747653

Banking permits : economic efficiency and distributional effects

Bosetti, Valentina (contributor); Carraro, Carlo (contributor) - 2008

Most analyses of the Kyoto flexibility mechanisms focus on the cost effectiveness of "where" flexibility (e.g. by showing that mitigation costs are lower in a global permit market than in regional markets or in permit markets confined to Annex 1 countries). Less attention has been devoted to...

Persistent link: https://www.econbiz.de/10003659528

Global business cycles : convergence or decoupling?

Kose, M. Ayhan (contributor); … - 2008

This paper analyzes the evolution of the degree of global cyclical interdependence over the period 1960-2005. We categorize the 106 countries in our sample into three groups - industrial countries, emerging markets, and other developing economies. Using a dynamic factor model, we then decompose...

Persistent link: https://www.econbiz.de/10003693703