Contact
Email Emanuele Campiglio
Left to work at LSE’s Department of Geography and Environment but remains a Visiting Fellow
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Emanuele Campiglio
Visiting Fellow
Emanuele Campiglio is Assistant Professor at the Vienna University of Economics and Business (WU). Emanuele is also currently leading the ‘Green Macro’ work package of the Mistra Financial Systems programme. His most recent work focuses on macroeconomic modelling and sustainable finance.
Background
Emanuele worked as a Post-Doctoral Researcher at the Grantham Research Institute from 2012-2014, focusing on climate macroeconomics and green growth. He then moved to the Department of Geography and Environment, where he spent two years (2014-2016) as a LSE Fellow. Before joining the LSE he worked as macroeconomic modeller at the New Economics Foundation.
Emanuele holds a B.Sc. in Economics from Bocconi University, a M.Sc. in Cooperation and International Economic Integration and a Ph.D. in Economics from the University of Pavia.
Research Interests
- Macroeconomics of sustainability
- Climate change economics
- Growth theory and resource dynamics
- Finance, credit and banking
- Economic modelling
2015
An ‘equal effort’ approach to assessing the North–South climate finance gap
This study employs a number of Integrated Assessment Models to determine what the optimal financial transfers between high-income and developing economies would be if climate mitigation effort, measured as mitigation costs as a share of gross domestic product, were to be divided equally across regions through a global carbon market. read more »
Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy
It is widely acknowledged that introducing a price on carbon represents a crucial precondition for filling the current gap in low-carbon investment. However, as this paper argues, carbon pricing in … read more »
The ‘optimal and equitable’ climate finance gap
This study uses a number of Integrated Assessment Models to determine what the optimal financial transfers between high-income and developing economies would be if climate mitigation costs were to be divided equally across regions. read more »
2014
Post-2020 climate agreements in the major economies assessed in the light of global models
Integrated assessment models can help in quantifying the implications of international climate agreements and regional climate action. This paper reviews scenario results from model intercomparison projects to explore different possible … read more »
Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy
It is widely acknowledged that introducing a price on carbon represents a crucial precondition for filling the current gap in low-carbon investment. However, as this paper argues, carbon pricing in … read more »
The structural shift to green services: A two-sector growth model with public capital and open-access resources
An expansion of economic activities with low impact on ecological resources is a crucial component of the transition to a low-carbon society. “Green” structural change is analysed here through a model with a “progressive” manufacturing sector and a “stagnant” service sector. read more »
A macroeconomic perspective on climate change mitigation: Meeting the financing challenge
Building on simulations using Integrated Assessment Models and historical evidence, this paper explores some of the issues posed by this dual financing challenge. We discuss the "fiscal self-reliance" of the energy sector, finding that carbon pricing would generate sufficient fiscal revenues within each region to finance total investment in energy supply. read more »
2013
The structural shift to green services: a two-sector growth model with public capital and open-access resources
– Forthcoming in Structural Change and Economic Dynamics (Dec 2014). The expansion of the share of economic activity taking place in sectors with low or no … read more »
A simple model of income, aggregate demand and the process of credit creation by private banks
Forthcoming in Empirica External link to article External link to working paper Abstract This paper presents a small macroeconomic model describing the main mechanisms of the process of credit creation … read more »
A macroeconomic perspective on climate change mitigation: Meeting the financing challenge
– Forthcoming in Climate Change Economics (August 2014) (read article) Transitioning to a low-carbon economy will require significant investment to transform energy systems, alter the built … read more »
How can transportation policies affect growth? A theoretical analysis of the long-term effects of alternative mobility systems
External link to full article Abstract We present an example of how public policies affect the evolution of the economy by influencing consumption habits, life styles and work attitudes. In … read more »
2012
Who should pay for climate? The effect of burden-sharing mechanisms on abatement policies and technological transfers
Recent international environmental negotiations have highlighted the importance of establishing a commonly agreed approach to attribute climate change responsibilities. In this paper we investigate how choices … read more »
Finance and climate: time for ‘green’ central banking?
Institute Associate, Emanuele Campiglio, looks at the role of the financial system in the transition to a low-carbon economy. read more »
2015
Poor Nations Need $400 Billion a Year in Climate Aid, Study Says
The Washington Post, 16 March
Helping poor countries tackle climate change is affordable, says study
Business Green, 16 March
2014
The Structural Shift to Green Services: a two-sector growth model with public capital and open-access resources
Speaker: Emanuele Campiglio, GRI
