Showing 1 - 10 of 7,221
In this paper, we test the effect of weather shocks and floods on urban social disorder for a panel of large cities in … into large cities. Our findings have important implications for evaluating future climate change, as well as for policies … regarding adaptation to climate change and disaster resilience. …
Persistent link: https://www.econbiz.de/10012064752
“Prices versus quantities” (Weitzman 1974), a hugely influential paper, is widely cited (and taught) in current debates about the best policy to reduce greenhouse gas emissions. The paper’s criterion for ranking policies suggests that technological uncertainty favors taxes over cap and...
Persistent link: https://www.econbiz.de/10011932081
other climate policies, on carbon dioxide emissions at the aggregate national level. The paper uses cross-country dynamic …
Persistent link: https://www.econbiz.de/10014534432
We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate … national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes … and emissions trading systems (ETS), as well as the overall stringency of climate policies. We use dynamic panel …
Persistent link: https://www.econbiz.de/10012799647
We introduce a “smart” cap and trade system that eliminates the welfare costs of asymmetric information (“uncertainty”). This cap responds endogenously to technology or macroeconomic shocks, relying on the market price of certificates to aggregate information. It allows policy makers to...
Persistent link: https://www.econbiz.de/10012581980
In this paper, we explore the economic impact of promotion and realization of an electric vehicle society (EVS) in Toyohashi City in Japan. More concretely, this paper emphasizes a computable general equilibrium (CGE) modeling approach to evaluate the following issues: economic impacts of...
Persistent link: https://www.econbiz.de/10011400451
key role that cities play in addressing global challenges such as climate change. Improved measures taken by cities should … be an indispensable solution. The G20 Development Working Group, Climate Sustainability Working Group, and Energy … Transitions Working Group should incorporate an urban approach to discussions related to climate change. …
Persistent link: https://www.econbiz.de/10011910756
We present a modification of the most commonly used integrated assessment model (IAM) of climate change (DICE-2016), AD … appropriate utility functions, and including adaptation policies to climate change. These modifications ensure that two of the key … ensures that the optimal climate policies account for outcomes in every possible state, unlike the Monte Carlo approach. Our …
Persistent link: https://www.econbiz.de/10012606245
optimal carbon tax in a stochastic dynamic programming implementation of an integrated assessment model of climate change. We … derive a general analytic formula for the "risk premium" governing the resulting climate policy. The formula generalizes …
Persistent link: https://www.econbiz.de/10012657902
important determinant of optimal mitigation policies in the integrated assessment of climate change. The paper examines two … shortcomings in the recent debate and the current models addressing climate change assessment. First, removing an implicit … social discount rate and points out the importance of even thin tailed uncertainty for climate change evaluation. It …
Persistent link: https://www.econbiz.de/10010280817