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applied modules they use for representing sectoral energy and emission characteristics and dynamics. The purpose is to provide … technical insight into recent advances in the modelling of current and future energy and abatement technologies and how they can … be used to make baseline projections and scenarios 20-80 years ahead. In order to represent likely energy system …
Persistent link: https://www.econbiz.de/10012157959
sector, endogenous fertility, directed technical change and fossil/renewable energy. We estimate the world economy is more …
Persistent link: https://www.econbiz.de/10012138747
We show that economies may exhibit a strong endogenous macroeconomic adaptation response to climate change. If climate change induces a structural change to the more productive sector, economies can benefit from climate change though productivities in both sectors are reduced. If climate change...
Persistent link: https://www.econbiz.de/10011454039
Support from local citizens is important for the scale-up of renewable energy. We investigate the impact of utility … implications for policymakers that want to advocate for renewable energy in their towns. While for solar, the main benefit … constitutes a short-term increase in low-skilled employment and public revenues, wind energy provides more long-term financial …
Persistent link: https://www.econbiz.de/10014505344
is comparable to numeric models used in policy advising. Uncertainty surrounding climate change remains large. The closed …-form expressions of welfare loss from shocks and epistemological uncertainty identify the interaction of (intertemporal) risk attitude …, distributional moments, and the climatic shadow values. Welfare gains from reducing uncertainty about temperature feedbacks are much …
Persistent link: https://www.econbiz.de/10011305430
prices versus tradable quantities in terms of expected welfare, given uncertainty, optimal policy and endogenous cost …
Persistent link: https://www.econbiz.de/10010238324
scientific uncertainty about the effects of increased greenhouse gas concentrations on climate. Criticisms of this controversial …
Persistent link: https://www.econbiz.de/10010199723
This paper deals with three aspects of spectacular oil price episodes such as the one witnessed in 2008. First, the concept of temporary explosiveness is proposed as an empirical method for capturing this type of behavior. The application of a recently proposed recursive unit root test shows...
Persistent link: https://www.econbiz.de/10009786017
Does increased policy uncertainty dampen investment plans of firms? We provide direct evidence on this question by … induced policy uncertainty have revised their investment plans differently from those that did not perceive an increase in … uncertainty. We find strong evidence that an increase in policy uncertainty does lead firms to reduce their investment plans. As …
Persistent link: https://www.econbiz.de/10011472000
impact of uncertainty and real options on the decision of working time, i.e. we examines the determinants of employment and …
Persistent link: https://www.econbiz.de/10011409991