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A theory of gains from trade in multilaterally linked ETSs

a working paper by Baran Doda, Simon Quemin, Luca Taschini  4 September, 2017

This paper develops a novel theoretical tool with which a jurisdiction can evaluate the economic gains it can expect to obtain by linking its emissions trading system (ETS) to one, two or many ETSs at the same time. read more »


Does choice of drought index influence estimates of drought-induced cereal losses in India?

Does choice of drought index influence estimates of drought-induced cereal losses in India?

a working paper by Francisco Pereira Fontes, Ashley Gorst, Charles Palmer  28 August, 2017

This research suggests that by using a more flexible measure of droughts policy-makers could more effectively shape policy responses relating to climate adaptation and more accurately identify agricultural locations more vulnerable to climate change. read more »


Compliance, efficiency and instrument choice: evidence from air pollution control in China

Compliance, efficiency and instrument choice: evidence from air pollution control in China

a working paper by Thomas Stoerk  22 August, 2017

This study provides the first empirical evaluation of China’s 11th Five-Year Plan which set a goal to reduce the emission of sulphur dioxide (SO2) by 10% between 2006 and 2010. read more »


Survey sponsor effects on the willingness to pay for mortality risk reductions

Survey sponsor effects on the willingness to pay for mortality risk reductions

a working paper by Marcelo Lima  22 August, 2017

This research shows that when the monetary value people place on their health is measured by surveys, the type of institution sponsoring those surveys has an effect on that value. read more »


The impacts of environmental regulations on competitiveness

a research article by Antoine Dechezleprêtre, Misato Sato  15 August, 2017

This article reviews the empirical literature on the impacts of environmental regulations on firms’ competitiveness as measured by trade, industry location, employment, productivity, and innovation. read more »


Discounting and the representative median agent

a working paper by Johannes Emmerling, Ben Groom, Tanja Wettingfeld  24 July, 2017

Social discount rates (SDRs) are used in cost–benefit analysis to determine the present value of future costs and benefits: for example, to determine how much today’s society should invest in … read more »


The climate beta

The climate beta

a research article by Simon Dietz, Christian Gollier, Louise Kessler  17 July, 2017

How does climate-change mitigation affect the aggregate consumption risk borne by future generations? In other words, what is the ‘climate beta’? In this paper we argue using a combination … read more »


What drives social contagion in the adoption of solar photovoltaic technology?

a working paper by Andrea Baranzini, Stefano Carattini, Martin Péclat  17 July, 2017

This research finds that households, businesses and farms are more likely to install solar panels if others in their neighbourhood have already done so, and in particular if existing installations … read more »


Ambiguity aversion under maximum-likelihood updating

Ambiguity aversion under maximum-likelihood updating

a research article by Daniel Heyen  20 June, 2017

Maximum-likelihood updating (MLU) is a well-known approach for extending static ambiguity sensitive preferences to dynamic set-ups. This paper develops an example in which MLU induces an ambiguity averse maxmin … read more »


Subnational climate entrepreneurship: innovative climate action in California and São Paulo

Subnational climate entrepreneurship: innovative climate action in California and São Paulo

a research article by Joana Setzer  10 June, 2017

The distinct role of subnational governments such as states and provinces in addressing climate change has been increasingly acknowledged. But while most studies investigate the causes and consequences of … read more »


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