Publications
Effects of carbon taxes in an economy with large informal sector and rural-urban migration
I build an equilibrium search and matching model of an economy with an informal sector and rural-urban migration to analyse the effects of budget-neutral green tax … read more »
Designing the future: the role of smart green cities’
Presentation for the Cleantech City, Oct. 23 2013 Conference – Link to presentation
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 »
Private-sector adaptation to climate risk
Reference Surminski, S. October 2013. Private-sector adaptation to climate risk. Nature Climate Change, v.3, pp.943-945.
Flood insurance schemes and climate adaptation in developing countries
Risk transfer, including insurance, is widely recognized as a tool for increasing financial resilience to severe weather events such as floods. The application of this mechanism varies widely across … read more »
Who will win the green race? In search of environmental competitiveness and innovation
Fankhauser, Samuel, Bowen, Alex, Calel, Raphael, Dechezlepretre, Antoine, Grover, David, Rydge, James and Sato, Misato (2013) Who will win the green race? In search of environmental competitiveness and innovation. Global … read more »
How certain are we about the certainty-equivalent long term social discount rate?
The case for using declining social discount rates when the future is uncertain is now widely accepted in both academic and policy circles. We present sharp … read more »
Spaces for agreement: a theory of Time-Stochastic Dominance
Many investments involve both a long time-horizon and risky returns. Making investment decisions thus requires assumptions about time and risk preferences. In the public sector in … read more »
Is there space for agreement on climate change? A non-parametric approach to policy evaluation
Economic evaluation of climate policy is notoriously dependent on assumptions about time and risk preferences, since reducing greenhouse gas emissions today has a highly uncertain pay-off, … read more »
Knowledge spillovers from clean and dirty technologies: a patent citation analysis
How much should governments subsidize the development of new clean technologies? We use patent citation data to investigate the relative intensity of knowledge spillovers in clean … read more »
