We use a dynamic general equilibrium model of the world economy to assess the economic implications of higher vulnerability from extreme meteorological events. In particular, we consider the impact of climate change on ENSO/NAO cycles, and the implied variation on regional expected damages, due...

When considering adoption of a domestic climate change policy, politicians and the public frequently refer to concerns about competitiveness. Competitiveness in this context does not have a precise economic definition. In this article, we discuss possible ways to anchor the concept of...

Economia de baixo carbono no Brasil: alternativas de políticas e custos de redução de emissões de gases de efeito estufa

Computable general equilibrium (CGE) modeling is an attempt to use general equilibrium theory as a tool for analysis of resource allocation and income distribution issues in market economies. Since the beginning of the 1990s, CGE modeling has been widely used for analysis of environmental policy...

This paper evaluates the relative importance of natural and human factors in shaping public awareness of climate change. I compare the predictive efficacy of natural factors, represented by air temperature deviations from historical norms, and human factors, encompassing noteworthy political...

Using the environmental decision support system DANUBIA, we analyze the effects ofclimate change on industry and compare the effectiveness of different adaptation strategies.The observed area covers Germany and Austria up to 2025. Since the main effects ofclimate change in this region are...

This paper evaluates the relative importance of natural and human factors in shaping public awareness of climate change. I compare the predictive efficacy of natural factors, represented by air temperature deviations from historical norms, and human factors, encompassing noteworthy political...

Using the environmental decision support system DANUBIA, we analyze the effects of climate change on industry and compare the effectiveness of different adaptation strategies. The observed area covers Germany and Austria up to 2025. Since themain effects of climate change in this region are...

Using the environmental decision support system DANUBIA, we analyze the effects ofclimate change on industry and compare the effectiveness of different adaptation strategies.The observed area covers Germany and Austria up to 2025. Since the main effects ofclimate change in this region are...

I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot market data. I control for contemporaneous shocks to demand and supply by constructing a detailed supply curve for fossil generation, and intersecting it with residual demand for...