Browsing Economics (Scholarly Publications) by Subject "climate change"
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Modified Ramsey Discounting for Climate Change
(ESRI, 2011)The Ramsey rule for the consumption rate of discount assumes a transfer of money of a (representative) agent at one point in time to the same agent at another point in time. Climate policy (implicitly) transfers money not ... -
Poverty Traps and Climate Change
(ESRI, 09/11/2011)We use a demo-economic model to examine the question of whether climate change could widen or deepen poverty traps. The model includes two crucial mechanisms. Parents are risk averse when deciding how many children to have; ...