Showing 1 - 10 of 65
Persistent link: https://www.econbiz.de/10015323381
We provide a survey of the micro and macro economics of climate change from a complexity science perspective and we discuss the challenges ahead for this line of research. We identify four areas of the literature where complex system models have already produced valuable insights: (i) coalition...
Persistent link: https://www.econbiz.de/10011509122
The paper compares the effects of market-based and command-and-control climate policies on the direction of technical change and the prevention of environmental disasters. Drawing on the model proposed in Acemoglu et al. (2012, American Economic Review), we show that market-based policies...
Persistent link: https://www.econbiz.de/10011410362
Persistent link: https://www.econbiz.de/10011991146
Persistent link: https://www.econbiz.de/10003973640
Though climate physical and transition risks will likely affect socio-economic dynamics along any transition pathways, their unfolding is still poorly understood. This also affects the development of climate-change policies to achieve sustainable growth. In this paper, we discuss a series of...
Persistent link: https://www.econbiz.de/10013489751
Persistent link: https://www.econbiz.de/10011644531
In this paper we present a multi-country, multi-industry agent-based model investigating the different growth patterns of interdependent economies. Each country features a Schumpeterian engine of endogenous technical change which interacts with Keyneasian/Kaldorian demand generation mechanisms....
Persistent link: https://www.econbiz.de/10012941571
Persistent link: https://www.econbiz.de/10012234666
Persistent link: https://www.econbiz.de/10012131030