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All inclusive climate policy in a growing economy : the role of human health

Bretschger, Lucas; Komarov, Evgenij - 2023

health from burning fossil fuels. Our theoretical macroeconomic approach incorporates a separate health sector into an … is endogenously driven by innovation, with labor availability and productivity, and thus human health, being critical … 1% when health damages are included. The health perspective requires optimal environmental policies that are much more …

Persistent link: https://www.econbiz.de/10014284130

Growth and mitigation policies with uncertain climate damage

Bretschger, Lucas; Vinogradova, Alexandra - 2014

Persistent link: https://www.econbiz.de/10010458239

Growth and mitigation policies with uncertain climate damage

Bretschger, Lucas; Vinogradova, Alexandra - 2014

Climate physics predicts that the intensity of natural disasters will increase in the future due to climate change. We present a stochastic model of a growing economy where natural disasters are multiple and random, with damages driven by the economy's polluting activity. We provide a...

Persistent link: https://www.econbiz.de/10010438060

Optimum growth and carbon policies with lags in the climate system

Bretschger, Lucas; Karydas, Christos - 2013

Persistent link: https://www.econbiz.de/10010221098

Optimum growth and carbon policies with lags in the climate system

Bretschger, Lucas; Karydas, Christos - 2017

We study the effects of greenhouse gas emissions on optimum growth and environmental policy by using an expansion-in-varieties growth model with polluting non-renewable resources. Climate change harms the capital stock. Our main contribution is to introduce and extensively explore the naturally...

Persistent link: https://www.econbiz.de/10011793508

Overcoming the carbon trap : climate policy and technology tipping

Bretschger, Lucas; Komarov, Evgenij; Leuthard, Matthias - 2023 - This version: November 29, 2023

We construct an overlapping generations model in which the choice between dirty and clean technology hinges on the economy's capital stock, susceptible to climate-induced depreciation. The process of capital accumulation contributes to environmental emissions, yet their intensity can be...

Persistent link: https://www.econbiz.de/10014440977

Use Less, Pay More: Can Climate Policy Address the Unfortunate Event for Being Poor?

Bretschger, Lucas; Suphaphiphat, Nujin - 2012

The paper develops a two-region endogenous growth model with climate change affecting the countries' capital stocks negatively. We compare two different policies aimed at supporting less developed countries: climate mitigation by rich countries, which diminishes the increase in stock pollution...

Persistent link: https://www.econbiz.de/10011753230

Optimum Growth and Carbon Policies with Lags in the Climate System

Bretschger, Lucas; Karydas, Christos - 2017

Persistent link: https://www.econbiz.de/10011753248

Growth and Mitigation Policies with Uncertain Climate Damage

Bretschger, Lucas; Vinogradova, Alexandra - 2014

Climate physics predicts that the intensity of natural disasters will increase in the future due to climate change. One of the biggest challenges for economic modeling is the inherent uncertainty of climate events, which crucially affects consumption, investment, and abatement decisions. We...

Persistent link: https://www.econbiz.de/10011753266

Equity and the Convergence of Nationally Determined Climate Policies

Bretschger, Lucas - 2016

By adopting the Paris Agreement on climate change the world community has agreed on global goals for climate policy. However, by relying on voluntary contributions and respecting "national circumstances" it does not ensure efficient and equitable country policies. To derive guidelines for a fair...

Persistent link: https://www.econbiz.de/10011753310

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