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In this article, we explore the implications of this literature for understanding the relationship between climate change policies and consumption. We identify a number of ways in which accounting for the implications of the new happiness literature could lead to laws and policies that influence...
Persistent link: https://www.econbiz.de/10012755017
The question of whether changes in income inequality affect CO2 emissions remains a topic of debate at both theoretical and empirical levels. The purpose of this paper is to examine the effect of changes in the full spectre of income distribution on consumptionbased CO2 emissions per capita. To...
Persistent link: https://www.econbiz.de/10014516556
We analyse the influence of climate on average life satisfaction in 87 countries using data from the World Values … significantly lower levels of life satisfaction. This finding is robust to a wide variety of model specifications. Using our results … African countries, but modest gains for Northern Europe. -- Climate ; climate change ; happiness ; life satisfaction ; survey …
Persistent link: https://www.econbiz.de/10008696788
This paper focuses on two equity dimensions of climate policy, intra- and intergenerational equity, and analyzes the implications of equity preferences on climate policy, and on the production and consumption patterns in rich and poor countries. We develop a dynamic two-region model, in which...
Persistent link: https://www.econbiz.de/10009754514
with the biggest gap between rich and poor in the world. The carbon equity should be an urgency and priority in the climate … provide a quantified indicator for measurement of carbon equity among different proposals. -- Climate Change ; Carbon Equity …
Persistent link: https://www.econbiz.de/10008934651
with the biggest gap between rich and poor in the world. The carbon equity should be an urgency and priority in the climate … provide a quantified indicator for measurement of carbon equity among different proposals …
Persistent link: https://www.econbiz.de/10013068260
We investigate the long-run consequences of historic, climatic temperatures (1730-2000) for the modern cross-country income distribution. Using a newly constructed dataset of climatic temperatures stretching over three centuries (18th, 19th, and 20th), we estimate a robust and significant...
Persistent link: https://www.econbiz.de/10014200862
Does predicted global warming imply more hunger in the future of Latin America? Climate projections prepared by the UN’s Intergovernmental Panel on Climate Change (IPCC) are briefly presented, along with an analysis of existing estimates of their probable impact on agriculture and food...
Persistent link: https://www.econbiz.de/10014182912
A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and its evolution with economic growth. The social discount rate (SDR) should be adjusted to account for intragenerational and intergenerational inequality aversion and for risk...
Persistent link: https://www.econbiz.de/10014082790
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...
Persistent link: https://www.econbiz.de/10011547505