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quantitative easing (QE) in complementing fiscal policies for climate change mitigation. We model green QE through an outstanding …
Persistent link: https://www.econbiz.de/10013281474
The green paradox conveys the idea that climate policies may have unintended side effects when taking into account the …
Persistent link: https://www.econbiz.de/10010429908
The success of climate policies depends crucially on the dynamics of public support. Using unique longitudinal data … carbon pricing. Our findings suggest that it is crucial to gather enough support before implementing climate policies. …
Persistent link: https://www.econbiz.de/10014296924
In the intensifying public debate about limiting the harmful effects of climate change, many global corporations have …
Persistent link: https://www.econbiz.de/10012549037
We study climate change in a model with a carbon-intensive and a green sector, each subject to stochastic productivity … shocks, and show how the underlying economic structure affects the risk-adjusted discount rate and the climate risk premium … in the social cost of carbon (SCC). Consumption growth, aggregate consumption volatility, and the climate beta depend on …
Persistent link: https://www.econbiz.de/10014559075
We investigate how the U.S. withdrawal and the amendments of the Bonn climate policy conference in 2001 will change the …
Persistent link: https://www.econbiz.de/10013428431
Persistent link: https://www.econbiz.de/10012487129
The Kyoto Protocol marks a break-through in global warming mitigation policies as it sets legally binding emissions targets for major emitting regions. However, realisation of the Protocol depends on the clarification of several issues one of which is the permissible scope of international...
Persistent link: https://www.econbiz.de/10013428267
In this paper, we investigate whether an environmental tax reform 'cum' joint implementation (JI) provides employment and overall efficiency gains as compared to an environmental tax reform 'stand-alone' (ETR). We address this question in the framework of a large-scale general equilibrium model...
Persistent link: https://www.econbiz.de/10013428363
We show the importance of emission disclosure for climate policies in a DSGE model for the euro area. A low …
Persistent link: https://www.econbiz.de/10014467912