This paper investigates the impact of climate change and technological innovation on economic growth, energy consumption, and carbon emissions by using annual observations of a wide range of variables of Asian and European countries from 1996 to 2021. The study uses a dynamic GMM model and...

The COVID-19 outbreak in the global scale has raised the concern about severe economic effects caused by the pandemic disease. Extant literature on global pandemic mainly focuses on the direct and indirect economic costs of the disease. However, the global outbreak of public health emergencies...

We derive policy rules for a highly aggregated fossil-based world economy with two competing stochastic thresholds or tipping points. Current production generates emissions that add to a stock of GHGs that affect the probability distribution of hitting a climate threshold with severe...