Climate Economy (ACE) closes a gap between analytic climate change assessments and quantitative numeric integrated assessment …

We examine how the adverse impacts of weather shocks are distributed through the trade network. Exploiting a rich …, theoretically derived, fixed effects structure, we find significant negative short-run effects of high temperature on exports. A … month with an average temperature above 30 °C implies export losses of around three percent. These effects are increasing in …

We develop a one-dimensional energy balance climate model with heat transportation across locations. We introduce the … concept of potential world GDP at time t, and we introduce, through the temperature function, spatial characteristics into the … impact of thermal transport across latitudes on welfare inequality. -- Energy Balance Climate Models ; Heat Diffusion …

Climate feedback mechanisms that have the potential to intensify global warming have been omitted almost completely in … the integrated assessment of climate change and the economy so far. With the present paper we try to narrow this gap in …

We couple a one-dimensional energy balance climate model with heat transportation across latitudes, with an economic … growth model. We derive temperature and damage distributions across locations and optimal taxes on fossil fuels which, in …

We analyse optimal abatement and carbon pricing strategies under a variety of economic, temperature and damage risks …. Economic growth, convex damages and temperature-dependent risks of climatic tipping points lead to higher growth rates, but … gradual resolution of uncertainty lowers them. For temperature-dependent economic damage tipping points, carbon prices are …

We analyse optimal abatement and carbon pricing strategies under a variety of economic, temperature and damage risks …. Economic growth, convex damages and temperature-dependent risks of climatic tipping points lead to higher growth rates of … carbon prices, but gradual resolution of uncertainty lowers them. For temperature-dependent economic damage tipping points …