{"id":16526,"date":"2015-10-12T13:44:24","date_gmt":"2015-10-12T13:44:24","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=event&#038;p=16526"},"modified":"2017-07-28T18:08:41","modified_gmt":"2017-07-28T17:08:41","slug":"grantham-seminar-climate-change-around-the-world","status":"publish","type":"event","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/grantham-seminar-climate-change-around-the-world\/","title":{"rendered":"Grantham Seminar | Climate Change Around the World"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Per Krusell, Professor of Economics at Stockholm University and Visiting Professor in the Department of Economics at the London School of Economics,&nbsp;will be the speaker for this seminar.<\/p>\n<p style=\"text-align: justify;\">In this seminar Per presents his work with Anthony A. Smith, Jr. (Yale) in which a global model of economy-climate interactions&nbsp;featuring a high degree of geographic resolution: 1-by-1 degree regions on the map.&nbsp;The model also extends Nordhaus&rsquo;s DICE and RICE&nbsp;models to an explicit dynamic, stochastic general equilibrium setting. He then uses the model as a laboratory to quantify the distributional&nbsp;effects of climate change and climate policy. Per also uses the model to&nbsp;analyze the effects of a subset of regions imposing a carbon tax (or a quantity&nbsp;restriction on emissions): what happens to global emissions, and which regions gain and which lose, and&nbsp;how much? In short, it is found&nbsp;that the distributional effects swamp the average effects.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Per Krusell, Professor of Economics at Stockholm University and Visiting Professor in the Department of Economics at the London School&hellip;<\/p>\n\n","protected":false},"author":12,"featured_media":0,"template":"","tags":[187,830,361,184],"event-type":[381],"topic_area":[],"class_list":["post-16526","event","type-event","status-publish","hentry","tag-carbon-tax","tag-climate-change-modelling","tag-dice-models","tag-emissions","event-type-seminars"],"acf":{"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"start_date":{"ref_value":"field_52f56b18a98ba","value":"20151019","type":false,"post_type":""},"start_time":{"ref_value":"field_52f56b33a98bb","value":"1444660200","type":false,"post_type":""},"end_date":{"ref_value":"field_52f56bb58f239","value":"20151019","type":false,"post_type":""},"end_time":{"ref_value":"field_52f56bd38f23a","value":"1444665600","type":false,"post_type":""},"event_venue":{"ref_value":"field_531c65c575d35","value":"LSE, TW2, 9.05","type":false,"post_type":""},"external_speaker":{"ref_value":"field_5374dcb208782","value":"Prof. Per Krusell","type":false,"post_type":""},"eventbrite_link":{"ref_value":"field_52f59e0b20728","value":"","type":false,"post_type":""},"location":{"ref_value":"field_559cf9dc612b6","value":"a:3:{s:7:\"address\";s:30:\"Clement's Inn, London WC2R, UK\";s:3:\"lat\";s:17:\"51.51378374992136\";s:3:\"lng\";s:20:\"-0.11544227600097656\";}","type":"array","post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["grantham-seminar-climate-change-around-the-world"],"type":"relationship","post_type":""},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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