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The link between climate change and migration has gained considerable recognition in recent years. Yet, it remains a complex and highly divisive issue in policy and academic circles alike. Fanned by populist politics and partisan media, misleading claims of large-scale migration of climate...
Persistent link: https://www.econbiz.de/10015046505
This paper estimates the direct and indirect socio-economic impacts of the 2000 flood that took place in the Po river … study is of great interest to those who are interested in estimating the economic impact of flood events. It can also assist … specifically, to help them understand how to reduce social vulnerability to flood events. …
Persistent link: https://www.econbiz.de/10010294265
We empirically analyze the formation of international environmental agreements within a political economy framework. We develop a theoretical model of state dependent net benefits of ratification predicting (i) strategic behavior with respect to the timing of ratification and (ii) that...
Persistent link: https://www.econbiz.de/10010316041
This paper discusses the interplay between the choice of the discount rate, greenhouse gas mitigation and endogenous technological change. Neglecting the issue of uncertainty it is shown that the green golden rule stock of atmospheric carbon is uniquely determined, but is not affected by...
Persistent link: https://www.econbiz.de/10010316057
Mitigation and adaptation are the most important strategies in combating global climate change. It is expected that in a post Kyoto world industrialized countries have to engage in greenhouse gas abatement, and to support developing countries in adapting to climate change. Within the framework...
Persistent link: https://www.econbiz.de/10010316063
The prevailing literature discusses intergenerational trade-offs predominantly in infinitely-lived agent models despite the finite lifetime of individuals. We discuss these trade-offs in a continuous time OLG framework and relate the results to the infinitely-lived agent setting. We identify...
Persistent link: https://www.econbiz.de/10010316064
Empirical studies analyzing the effect of climate change on output growth sometimes neglect economic variables. This yields a biased picture of the growth process and does not represent a good approximation of the true data generating process. Thus, the question arises how valid the results are...
Persistent link: https://www.econbiz.de/10014565900
This paper studies the interplay between climate, health, and the economy in a stylized world with four heterogeneous regions, labeled 'West' (cold and rich), 'China' (cold and poor), 'India' (warm and poor), and 'Africa' (warm and very poor). We introduce health impacts into a simple integrated...
Persistent link: https://www.econbiz.de/10010332438
Uncertainty plays a significant role in evaluating climate policy, and fattailed uncertainty may dominate policy advice. Should we make our utmost effort to prevent the arbitrarily large impacts of climate change under deep uncertainty? In order to answer to this question we propose an new way...
Persistent link: https://www.econbiz.de/10010392465
The prevailing literature discusses intergenerational trade-offs predominantly in infinitely-lived agent models despite the finite lifetime of individuals. We discuss these trade-offs in a continuous time OLG framework and relate the results to the infinitely-lived agent setting. We identify...
Persistent link: https://www.econbiz.de/10011753192