منابع مشابه
Climate policy under sustainable discounted utilitarianism∗
Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is controversial, both due to the conditions through which it is justified and due to its consequences for climate policies, where the discounting of future utility gains from present abatement efforts makes it harder for such measures to justify their p...
متن کاملRobustness of climate metrics under climate policy ambiguity
A wide array of alternatives has been proposed as the common metrics with which to compare the climate impacts of different emission types. Different physical and economic metrics and their parameterizations give diverse weights between e.g. CH4 and CO2, and fixing the metric from one perspective makes it sub-optimal from another. As the aims of global climate policy involve some degree of ambi...
متن کاملOutput Spillovers from Fiscal Policy
In this paper, we estimate the cross-country spillover effects of government purchases on output for a large number of OECD countries. Following the methodology in Auerbach and Gorodnichenko (2012a, b), we allow these multipliers to vary smoothly according to the state of the economy and use real-time forecast data to purge policy innovations of their predictable components. We also consider th...
متن کاملEfficient Climate Policies under Technology and Climate Uncertainty
This article explores efficient climate policies in terms of investment streams into fossil and renewable energy technologies. The investment decisions maximise social welfare while observing a probabilistic guardrail for global mean temperature rise under uncertain technology and climate parameters. Such a guardrail constitutes a chance constraint, and the resulting optimisation problem is an ...
متن کاملFdi Technology Spillovers and Wages
This study distinguishes multinational firm (MNE) technology-spillover from learning effects. Whenever learning takes time, the model predicts that foreign investors deduct the economic value of learning from wages of inexperienced workers and add it to experienced ones to prevent them from moving to local competitors. Hence, the national wage bill is unaffected by the presence of MNEs. In cont...
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ژورنال
عنوان ژورنال: Environmental & Resource Economics
سال: 2005
ISSN: 0924-6460,1573-1502
DOI: 10.1007/s10640-005-1771-9