the risk-adjusted interest rate. Adding damages leads to a higher carbon price that grows more slowly. But as temperature …

perturbation theory to derive an approximate tractable expression for this cost adjusted for climatic and economic risk. We allow … for different aversion to risk and intertemporal fluctuations, skewness and dynamics in the risk distributions of climate …

consequences of non-participation of the USA in the global coalition, and the associated distributional impacts world-wide. …

We study the evolution of voter support for climate policies aimed at containing the effect of climate risk, as weather … conditions for more households, while rising climate risk increases support for public adaptation. If beliefs on attainable …

We study the optimal taxation of risk-free and excess capital income with heterogeneous rates of return, alongside an … optimal nonlinear earnings tax. Households can hold three assets: one risk-free, one risky but diversifiable, and one a … private investment with idiosyncratic risk whose expected return differs among households. Contrary to expectations, the …

, while houses exposed to climate risk face a price discount in the market, I demonstrate that the materialization of climate … change risk puts upward pressure on house prices, as the supply of such houses becomes reduced. This general equilibrium …

We assess whether climate transition risk is priced in Europe's equity market by analysing relative equity returns of … effect models, however, provide some evidence for increased pricing of climate transition risk after the Paris Agreement. …