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Previous research shows that decentralization plays a key role in the reduction of damage caused by natural disasters. The effect of decentralization will differ according a country’s level of economic development. To investigate this matter further, this paper attempts to investigate how...
Persistent link: https://www.econbiz.de/10011526622
Continuous time is a superior representation of both the economic and climate systems that Integrated Assessment Models (IAM) aim to study. Moreover, continuous-time representations are simple to express. Continuous-time models are usually solved by discretizing time, but the quality of a...
Persistent link: https://www.econbiz.de/10013104827
A longstanding theoretical discussion on the merits of prices vs. quantities for regulating emissions under uncertainty exists in environmental policy literature. However, empirical evidence w.r.t. instrument choice has not been put forward so far. In particular, very little is known about...
Persistent link: https://www.econbiz.de/10008772330
We study the effect of technological progress on the optimal transition to a renewable energy-fueled world economy. We develop a dynamic general equilibrium model where energy is used as an input in production and can come from fossil or renewable sources. Both require the use of capital, which...
Persistent link: https://www.econbiz.de/10011615700
Using an exhaustive administrative database, we assess the impact of extreme weather events over French cities during the last three decades. We identify numerous non catastrophic disasters, thereby improving coverage wrt. the existing literature. Counting residents of cities stricken by a...
Persistent link: https://www.econbiz.de/10012937137
We study the effect of technological progress on the optimal transition to a renewable energy-fueled world economy. We develop a dynamic general equilibrium model where energy is used as an input in production and can come from fossil or renewable sources. Both require the use of capital, which...
Persistent link: https://www.econbiz.de/10012960106
In the last decade regulatory reforms have focused increasingly on efforts to improve regulatory quality. As part of that development policymakers have been encouraged to consider fiscal, socio-economic and administrative effects of proposed legislation when making policy choices. The Central...
Persistent link: https://www.econbiz.de/10014175458
The culture of evaluation of social programs has been institutionalized in Mexico. However, in spite of the efforts of the National Council for Social Policy Evaluation, process evaluation, contrary to impact evaluation, has not received the attention it deserves. This paper presents an example...
Persistent link: https://www.econbiz.de/10014199526
This paper examines the effect of global transition to simpler, flatter income tax systems on the size of the shadow economy. By offering a new estimation framework, the paper revives the traditional electricity consumption approach to measuring the shadow economy. It overcomes the limitations...
Persistent link: https://www.econbiz.de/10014220422
Of the three major ex post patent validity challenge mechanisms that the 2011 Leahy-Smith America Invents Act put into place, the third is beginning to show signs of use. Post-grant review is an administrative proceeding of remarkable breadth as compared both to inter partes review and to the...
Persistent link: https://www.econbiz.de/10014125408