All pages with keywords: risk
The climate beta
This paper examines the question of whether fighting climate change has the additional advantage of reducing the aggregate risk borne by future generations. This raises the question of the ‘climate beta’, i.e. the elasticity of climate damages with respect to a change in aggregate consumption. read more »
The treatment of risk and uncertainty in the US Social Cost of Carbon for Regulatory Impact Analysis
This note considers the treatment of risk and uncertainty in the recently established ‘social cost of carbon’ (SCC) for analysis of federal regulations in the United States. It argues … read more »
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