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Do tax incentives for research increase firm innovation? An RD design for R&D

a working paper by Antoine Dechezleprêtre, Elias Einiö, Ralf Martin, Kieu-Trang Nguyen, John Van Reenen  17 March, 2016

We present the first evidence showing causal impact of research and development (R&D) tax incentives on innovation outcomes. We exploit a change in the asset-based size thresholds for eligibility for … read more »


The risk of climate ruin

The risk of climate ruin

a working paper by Oliver Bettis, Simon Dietz, Nick Silver  17 March, 2016

How large a risk is society prepared to run with the climate system? This is a question of the utmost difficulty and it admits a variety of perspectives. In this … read more »


Michael Spackman

Appropriate time discounting in the public sector

a working paper by Michael Spackman  14 March, 2016

A substantial literature of social discounting has now extended over more than 50 years, but practical approaches in developed economies and international bodies continue to vary widely. This is sometimes … read more »


Climate stories: Why do climate scientists and sceptical voices participate in the climate debate?

a research article by Amelia Sharman, Candice Howarth  11 March, 2016

Public perceptions of the climate debate predominantly frame the key actors as climate scientists versus sceptical voices; however, it is unclear why climate scientists and sceptical voices choose to participate … read more »


Swenja Surminski

Submission to the Executive Committee of the Warsaw International Mechanism for Loss and Damage

a policy paper by Swenja Surminski  10 March, 2016

Submission to the call for ‘best practices, challenges and lessons learned from existing financial instruments at all levels that address the risk of loss and damage associated with the adverse … read more »


Climate change and central banks

a conference presentation by Nicholas Stern  9 March, 2016

Presentation given by Professor Lord Nicholas Stern at a Bank for International Settlements event on 29 February 2016. Prepared with Amar Bhattacharya, Brookings Institution with support from the NCE programme … read more »


Rare events and risk perception: evidence from the Fukushima accident

Rare events and risk perception: evidence from the Fukushima accident

a working paper by Renaud Coulomb, Yanos Zylberberg  9 March, 2016

e study changes in nuclear-risk perception following the Fukushima nuclear accident of March 2011. Using an exhaustive registry of individual housing transactions in England and Wales between 2007 and 2014, … read more »


Clean or dirty energy: evidence of corruption in the renewable energy sector

Clean or dirty energy: evidence of corruption in the renewable energy sector

a research article by Caterina Gennaioli, Massimo Tavoni  8 March, 2016

This paper studies the link between public policy and corruption for the case of wind energy. We show that publicly subsidized renewable energy can attract criminal appetites and favor the … read more »


China’s changing economy: implications for its carbon dioxide emissions

a research article by Fergus Green, Nicholas Stern  7 March, 2016

China is undergoing another major structural transformation. It is moving towards a new development model, focused on achieving better quality growth that is more sustainable and inclusive. It … read more »


Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market

Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market

a research article by Raphael Calel, Antoine Dechezleprêtre  4 March, 2016

This paper investigates the impact of the European Union Emissions Trading System (EU ETS) on technological change, exploiting installations level inclusion criteria to estimate the System’s causal impact on firms’ … read more »


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