Dimitri Zenghelis explains why additional public borrowing has a role to play in financing the productivity-enhancing, sustainable and resilient investment of the future and hopes that the new Chancellor and Prime Minister draw the right lessons from recent events. Read more
Assessing the cost of climate change mitigation Economists continue to model the scale of investment required to reduce global greenhouse... Read more
Whether economic growth can be sustained while tackling climate change and staying within wider environmental limits is an area of... Read more
In this paper, the author assembles a new set of quarterly and six-monthly temperature and GDP data for 98 countries and develops a new estimation strategy to attribute observed fluctuations in GDP to changes in temperature. Read more
Economic production goes up at the end of the year – and it’s not just because of Christmas. Christmas spending booms... Read more
A new article in ‘The Australian’ exposes once again the hypocrisy of the newspaper’s editor, John Lehmann, and the shameless... Read more
Original article posted on UNDP Human Development Reports Imagine for a moment that you are a baker. Now what would... Read more
CO2 emissions and GDP move together over the business cycle. Most climate change researchers would agree with this statement despite the absence of a study that formally analyzes the relationship between emissions and GDP at business cycle frequencies. The paper provides a rigorous empirical analysis of this relationship in a comprehensive cross-country panel by decomposing the emissions and GDP series into their growth and cyclical components using the HP filter. Read more
Working Paper 116 Abstract This empirical paper focuses on the relationship between changes in GDP and CO2 emissions as a... Read more