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I offer a selective review of discounting and climate policy. Analytic and numerical models show that different assumptions greatly change the degree to which decisions about climate policy depend on the discount rate. I discuss a claim that standard models exaggerate the current generation's...
Persistent link: https://www.econbiz.de/10003872837
Reducing greenhouse gas emissions not only lowers expected damages from climate change but also reduces the risk of catastrophic impacts. However, estimates of the social cost of carbon, which measures the marginal value of carbon dioxide abatement, often do not capture this risk reduction...
Persistent link: https://www.econbiz.de/10009159729
Abstract Reducing greenhouse gas emissions not only lowers expected damages from climate change but also reduces the risk of catastrophic impacts. However, estimates of the social cost of carbon, which measures the marginal value of carbon dioxide abatement, often do not capture this risk...
Persistent link: https://www.econbiz.de/10009520355
This survey reviews the recent research on trust, institutions and growth. It discusses the various measures of trust …
Persistent link: https://www.econbiz.de/10009763283
Marine and permafrost-based methane hydrates are the largest existing fossil carbon resource, whereby the marine deposits far outweigh the terrestrial ones. Their broad geographic distribution, especially in comparison to oil and conventional gas, make them a promising future source of energy....
Persistent link: https://www.econbiz.de/10003924134
economic outcomes. -- Health ; income ; economic growth ; life expectancy ; mortality ; causality …
Persistent link: https://www.econbiz.de/10003875338
The aim of this paper is to provide an overview of empirical cross-country growth literature. The paper begins by … describing the basic framework used in recent empirical cross-country growth research. Even though this literature was mainly … inspired by endogenous growth theories, the neoclassical growth model, especially its augmented version by Mankiw, Romer and …
Persistent link: https://www.econbiz.de/10009157481
The aim of this paper is to provide an overview of empirical cross-country growth literature. The paper begins with … describing the basic framework used in recent empirical cross-country growth research. Even though this literature was mainly … inspired by endogenous growth theories, the neoclassical growth model is still the workhorse for cross-country growth empirics …
Persistent link: https://www.econbiz.de/10009295521
This paper presents a theoretical and empirical analysis of the role of life expectancy for optimal schooling and lifetime labor supply. The results of a simple prototype Ben-Porath model with age-specific survival rates show that an increase in lifetime labor supply is not a necessary, nor a...
Persistent link: https://www.econbiz.de/10009721323
While the immigration policy in the United States is mainly oriented to family reunification, in Australia, Canada and the United Kingdom. it is a points-based immigration system which main objective is to attract high skilled immigrants. This paper compares both immigration policies through the...
Persistent link: https://www.econbiz.de/10009233421