intergenerational inequality aversion and for risk aversion. If growth increases (reduces) intra-generational inequality, the SDR is … lower (higher) and the SCC higher (lower) than along an inequality-neutral growth path, especially if intra-generational and …A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and …

has three components: the pure rate of time preference, a measure of relative risk aversion, and the rate of growth of per … rates of risk and inequity aversion can be expected to play significant roles. The consumption growth rate plays four roles … respect to consumption is particularly important because it assumes three roles: consumption smoothing over time, risk …

has three components: the pure rate of time preference, a measure of relative risk aversion, and the rate of growth of per … rates of risk and inequity version can be expected to play significant roles. The consumption growth rate plays four roles … respect to consumption is particularly important because it assumes three roles: consumption smoothing over time, risk …

has three components: the pure rate of time preference, a measure of relative risk aversion, and the rate of growth of per … rates of risk and inequity aversion can be expected to play significant roles. The consumption growth rate plays multiple … respect to consumption is particularly important because it assumes three roles: consumption smoothing over time, risk …

uncertainty over climate change and its impact, why there is so much uncertainty, and why we will continue to face uncertainty in … the near future. I also explain the policy implications of climate change uncertainty. First, the uncertainty … stronger actions to reduce CO2 emissions. Second, uncertainty interacts with two kinds of irreversibilities. First, CO2 remains …

This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions … of inequality aversion. We use two integrated assessment models (FUND and RICE) for our numerical exercise to get more … robust findings. Our results suggest that inequality considerations lead to a higher (lower) SCC values in high (low) income …

This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions … of inequality aversion. We use two integrated assessment models (FUND and RICE) for our numerical exercise to get more … robust findings. Our results suggest that inequality considerations lead to a higher (lower) SCC values in high (low) income …