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We examine environmental factors as potential determinants of international migration. We distinguish between … on a simple neo-classical model we use a panel dataset of bilateral migration flows for the period 1960-2000, the time … whole, we find little direct impact of climatic change on international migration in the medium to long run across our …
Persistent link: https://www.econbiz.de/10013109744
with the World Bank's Global Bilateral Migration Database. Overall, our results suggest little evidence that natural … per year. While not all of the affected move across borders, international migration potentially provides an adaptation … mechanism to natural hazards. The aim of this paper is to assess whether natural hazards induce international migration from a …
Persistent link: https://www.econbiz.de/10012978452
The possibility of low-probability extreme events has reignited the debate over the optimal intensity and timing of climate policy. In this paper we therefore contribute to the literature by assessing the implications of low-probability extreme events on environmental policy in a continuous-time...
Persistent link: https://www.econbiz.de/10013139799
Recent theoretical work in the economics of climate change has suggested that climate policy is highly sensitive to ‘fat-tailed’ risks of catastrophic outcomes (Weitzman, 2009b). Such risks are suggested to be an inevitable consequence of scientific uncertainty about the effects of increased...
Persistent link: https://www.econbiz.de/10013315705
If the threshold that triggers climate catastrophe is known with certainty, and the benefits of avoiding catastrophe are high relative to the costs, treaties can easily coordinate countries’ behavior so as to avoid the threshold. Where the net benefits of avoiding catastrophe are lower,...
Persistent link: https://www.econbiz.de/10013315826
unfounded. I show that the claim that we “view the world in perspective” implies hyperbolic rather than constant discounting …
Persistent link: https://www.econbiz.de/10013316325
This paper investigates the vulnerability of households to climatic disasters in the low-lying atoll nation of Tuvalu. Small Island Developing States, particularly the atoll islands, are considered to be the most vulnerable to climatic change, and in particular to sea-level rise and its...
Persistent link: https://www.econbiz.de/10012979123
We investigate the macroeconomic effects of government spending shocks in Korea. We compare results obtained with two alternative approaches: the narrative approach and Structural Vector-Autoregressive model (SVAR). We propose a new methodology for identifying exogenous and unexpected fiscal...
Persistent link: https://www.econbiz.de/10013100013
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...
Persistent link: https://www.econbiz.de/10013022499
Many migrations are temporary – a fact that has often been ignored in the economic literature on migration. Such … omission may be serious in that expected migration temporariness can impart a distinct dynamic element to immigrants' economic … of migrant behavior. We propose a general theoretical framework for modeling temporary migration decisions, based on …
Persistent link: https://www.econbiz.de/10013028790