central case analysis, revenues from globally internalizing carbon pricing rise to 7% and then fall to 5% of gross world …

increases, and other country's production decreases compared with the case of no BTAs. With the contraction of world trade flows … caused by the financial crisis, carbon motivated BTAs offer a prospect of a compounding effect in a world which is going …This paper discusses the size of impact of carbon motivated border tax adjustments on world trade. We report numerical …

, forms and possible impacts of each variant. We also speculate as to how the world trading system may evolve in the next few …

as the EU, if making commitments to reduce emissions which go beyond those undertaken in other regions of the world …

macroeconomic volatility and risk, private saving should be higher. From the observable data, however, we find a negative … correlation between risk and private saving in cross-country comparisons, particularly in developing countries. We provide a …' investment decisions. As a result, the interaction between saving behavior, broadly construed, and aggregate risk and uncertainty …