Large population / rapidly growing economies such as China and India have argued that in the upcoming UNFCCC … explicit models or experimental design are used to support this claim. Here we use a modeling framework in which countries face …

In the paper we discuss China's participation in both the 2009 Copenhagen negotiations on a post-Kyoto global climate … change regime currently under way and out beyond Copenhagen in further negotiations likely to follow. China is now both the …. In the Copenhagen negotiation, there will be strong pressure on China to take on emissions reduction commitments and …

present a set of illustrative scenarios, including a baseline scenario with a rapid but incomplete recovery this year (an … upward-tilting checkmark), a benign scenario in which an effective cure or vaccine becomes available and facilitates a nearly … complete recovery by mid-2021, and a severely adverse scenario involving persistently high unemployment and disinflationary …

modeling of credit losses, quality controls of supervision, and the political economy of financial regulation …

We estimate an aggregate production function with constant elasticity of substitution between energy and a capital …/labor composite using U.S. data. The implied measure of energy-saving technical change appears to respond strongly to the oil … suggestive of a model of directed technical change, with low short-run substitutability between energy and capital/labor but …

Federal tax policy provides a broad array of incentives for energy investment. I review those policies and construct … estimates of marginal effective tax rates for different energy capital investments as of 2007. Effective tax rates vary widely …

This paper sets out a simple spatial model of energy exploitation to ask how the location and productivity of energy … resources affects the distribution of economic activity across geographic space. By combining elements from energy economics and … economic geography we link the productivity of energy resources to the incentives for economic activity to agglomerate. We find …