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Can degrowth overcome the leakage problem of unilateral climate policy?
Larch, Mario; Löning, Markus; Wanner, Joschka - 2017
increases in other countries. Different than most typically discussed climate policies, degrowth not only aims at reducing the … implications. We conduct the first investigation of degrowth in a multi-country setting in order to (i) compare the leakage effects … of national pure emission reduction policies to degrowth scenarios, (ii) identify underlying channels by decomposing the …
Persistent link: https://www.econbiz.de/10011718521
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An environmental-economic measure of sustainable development
Cairns, Robert D.; Martinet, Vincent - 2013
A central issue in the study of sustainable development is the interplay of growth and sacrifice in a dynamic economy. This paper investigates the relationship among current consumption, sacrifice, and sustainability improvement in a general context and in two canonical, stylized economies. We...
Persistent link: https://www.econbiz.de/10009766680
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Economic challenges in the Anthropocene
Musu, Ignazio - 2013
The evolution during the Anthropocene is analyzed through the interaction between economic and technological development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density power. The challenge is how to make the rising demand for...
Persistent link: https://www.econbiz.de/10010223439
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The environmental Kuznets curve and sustainability : a panel data analysis
Farhani, Sahbi; Mrizak, Sana; Chaibi, Anissa; Rault, … - 2014
In recent years, sustainability has represented one of the most important policy goals explored in the environmental Kuznets curve (EKC) literature. But related hypotheses, performance measures and results continue to present a challenge. The present paper contributes to this ongoing literature...
Persistent link: https://www.econbiz.de/10010350476
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Preference bias and outsourcing to market : a steady-state analysis
Wang, Ping (contributor); Riezman, Raymond Glenn (contributor) - 2008
Persistent link: https://www.econbiz.de/10003641680
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A Unified framework for using micro-data to compare dynamic wage and price setting models
Dixon, Huw - 2010
This paper develops a statistical framework of steady-state identities which enable us to match the distributions of durations found in the micro-data to generalized Taylor and Calvo models of time-dependent pricing. We illustrate the approach with the UK micro CPI data for 2006-2009, and employ...
Persistent link: https://www.econbiz.de/10003977346
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Optimal trend inflation
Adam, Klaus; Weber, Henning - 2018
Sticky price models featuring heterogeneous firms and systematic firm-level productivity trends deliver radically different predictions for the optimal inflation rate than their popular homogenous-firm counterparts: (1) the optimal steady-state inflation rate generically differs from zero and...
Persistent link: https://www.econbiz.de/10011845313
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Generous sustainability
Gerlagh, Reyer - 2014 - This draft: 14 November, 2014
I define "generous sustainability" as a combination of two conditions: neither instantaneous maximin income nor attainable maximin income should decrease over time. I provide a formal definition and study applications to an AK economy, a Ramsey economy, and a Climate Economy. Generosity is shown...
Persistent link: https://www.econbiz.de/10010438470
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Growth and long-run sustainability
Cairns, Robert D.; Martinet, Vincent - 2019
From any state of economic and environmental assets, the maximin value defines the highest level of utility that can be sustained forever. Along any development path, the maximin value evolves over time according to investment decisions. If the current level of utility is lower than this value,...
Persistent link: https://www.econbiz.de/10012104003
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Natural resources : curse or blessing?
Ploeg, Frederick van der - 2010
Are natural resources a "curse" or a "blessing"? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a resource...
Persistent link: https://www.econbiz.de/10003986863