This paper studies implications of uncertainty about CO2 backstop technology for cost effectiveness of CO2 emission reduction policy. For this purpose, we develop a dynamic general equilibrium model that captures empirical links between CO2 emissions associated with energy use, the rate and...

This paper studies the cost effectiveness of climate policy if there are technology externalities. For this purpose, we develop a forward looking model that captures empirical links between CO2 emissions associated with energy use, directed technical change and the economy. We find our most cost...

This paper studies the cost-effectiveness of combining traditional environmental policy, such as CO2-trading schemes, and technology policy that has aims of reducing the cost and speeding the adoption of CO2 abatement technology. For this purpose, we develop a dynamic general equilibrium model...

Abstract This article looks at the impacts of climate policy on international competitiveness and Carbon Leakage and the role of environmental tariffs. More specifically, it analyzes the current climate debate and illustrates potential future challenges in implementing environmental tariffs. It...

Summary In this paper, we analyze oil price impacts on unemployment for Germany. Firstly, we survey theoretical and empirical literature on the oil-unemployment relationship and relate them to the German case. Secondly, we illustrate this issue within the framework of a vector autoregression...