Publications

Seven reasons to use carbon pricing in climate policy
The idea of a global carbon price has been a recurrent theme in debates on international climate policy. Discarded at the Conference of Parties (COP) of Copenhagen in 2009, it … read more »

How to price carbon in good times … and bad!
This article focuses on the relationship between the design of carbon pricing instruments and business cycle fluctuations. read more »

Cars, carbon taxes and CO2 emissions
This paper looks at whether carbon taxes imposed in Sweden were effective in reducing CO2 emissions. read more »

Searching for carbon leaks in multinational companies
This paper examines whether the European Union Emissions Trading System (EU ETS) has led companies to shift the location of production, thereby creating carbon leakage. read more »

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 »

Asymmetric industrial energy prices and international trade
This paper measures the response of bilateral trade flows to differences in industrial energy prices across countries. Using a rich panel dataset with 42 countries, 62 manufacturing sectors over 16 … read more »

EU ETS, Free Allocations, and Activity Level Thresholds: The Devil Lies in the Details
It is well known that discontinuous jumps or thresholds in tax or subsidies are socially inefficient, because they create incentives to make strategic behavioral changes that lead to substantial increases … read more »

Solving the clinker dilemma with hybrid output-based allocation
This paper proposes an innovative solution to distribute free allowances to the cement sector under emissions trading systems. 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 »

Asymmetric industrial energy prices and international trade
This paper measures the response of bilateral trade flows to differences in industrial energy prices across countries. Using a panel for the period 1996-2011 including 42 countries, 62 sectors and … read more »


