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Global Climate Policy Architecture and Political Feasibility : Specific Formulas and Emission Targets to Attain 460 ppm CO2 Concentrations
Bosetti, Valentina - 2009
In pursuit of more aggressive environmental goals, we now advance the dates at which some countries are asked to begin cutting below BAU, within our framework. We also tinker with the values for the parameters in the formulas. The resulting target paths for emissions are run through the WITCH...
Persistent link: https://www.econbiz.de/10012463133
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An Elaborated Global Climate Policy Architecture : Specific Formulas and Emission Targets for All Countries in All Decades
Frankel, Jeffrey A. - 2009
This paper analyzes a detailed plan to set quantitative national limits on emissions of greenhouse gases, following along the lines of the Kyoto Protocol. It is designed to fill in the most serious gaps: the absence of targets extending as far as 2100, the absence of participation by the United...
Persistent link: https://www.econbiz.de/10012463771
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Sustainable Cooperation in Global Climate Policy : Specific Formulas and Emission Targets to Build on Copenhagen and Cancun
Bosetti, Valentina - 2011
We explore a framework that could be used to assign quantitative allocations of emissions of greenhouse gases (GHGs), across countries, one budget period at a time. Under the two-part plan: (i) China, India, and other developing countries accept targets at Business as Usual (BAU) in the coming...
Persistent link: https://www.econbiz.de/10012460988
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What is the Risk of European Sovereign Debt Defaults? Fiscal Space, CDS Spreads and Market Pricing of Risk
Aizenman, Joshua - 2011
We estimate the pricing of sovereign risk for sixty countries based on fiscal space (debt/tax; deficits/tax) and other … and economically important determinants of market-based sovereign risk. Although the explanatory power of fiscal space … emergence of TED spread as a key pricing factor. However, risk-pricing of the South-West Eurozone Periphery countries is not …
Persistent link: https://www.econbiz.de/10012461251
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Fiscal Stimulus and Commercial Bank Lending Under COVID-19
Aizenman, Joshua; Jinjarak, Yothin; Spiegel, Mark - National Bureau of Economic Research - 2022
We investigate the implications of extra-normal government spending under the COVID-19 pandemic for commercial bank lending growth between 2019Q4 and 2020Q4 in a large sample of over 3000 banks from 71 countries. We control for pre-pandemic structural factors, bank characteristics and government...
Persistent link: https://www.econbiz.de/10013172181
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Natural Openness and Good Government
Wei, Shang-Jin - 2000
This paper offers a new interpretation of the connection between openness and good governance. Assuming that corruption and bad governance drive out international trade and investment more than domestic trade and investment, a naturally more open economy' as determined by its size and geography...
Persistent link: https://www.econbiz.de/10012470985
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No Single Currency Regime is Right for All Countries or At All Times
Frankel, Jeffrey A. - 1999
This essay considers some prescriptions that are currently popular regarding exchange rate regimes: a general movement toward floating, a general movement toward fixing, or a general movement toward either extreme and away from the middle. The whole spectrum from fixed to floating is covered...
Persistent link: https://www.econbiz.de/10012471446
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A Two Covid-19 Years Quartile Comparison of Official with Excess Mortality : Voice and Accountability and the Impact of Vaccines
Aizenman, Joshua - 2022
We evaluate the quartile ranking of countries during the Covid-19 pandemic using both official (i.e., confirmed) and excess mortality data. Contrasting countries' rankings using these two data sources reveal sharp and systematic differences. While higher GDP per capita is associated with a worse...
Persistent link: https://www.econbiz.de/10012938747
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The Political Economy of the COVID-19 Fiscal Stimulus Packages of 2020
Aizenman, Joshua; Jinjarak, Yothin; Nguyen, Hien Thi Kim; … - National Bureau of Economic Research - 2021
Almost all countries announced fiscal support programs once COVID-19 hit. However, there was significant diversity in the magnitude and composition of these fiscal stimulus programs. These differences were determined by myriad political, financial, social, and economic factors - these factors...
Persistent link: https://www.econbiz.de/10012660038
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International Capital Flows and Domestic Economic Policies
Frankel, Jeffrey A. - 1987
This paper, written for the NBER Conference on the Changing Role of the United States in the World Economy, covers the …, default and other political risk and exchange risk. But the paper argues that the increase in real interest rates and other …
Persistent link: https://www.econbiz.de/10012476859