This paper endogenizes economic structure in Nordhaus's standard DICE model, and builds
a dynamic intertemporal optimization model to determine long-term CO 2 mitigation policy …

Green total factor productivity (GTFP) evaluates the efficiency of economic output concerning
environmental and resource input consumption, serving as a critical metric for sustainable …

Local weather shocks have been shown to affect local economic output, however, little is
known about their propagation through production networks. Using a six-sector global …

The fixed nature of physical capital could delay adjustment to rapidly occurring climate
shocks. Prior theoretical work predicts this would amplify economic damages from climate …

Despite intensified international trade and production fragmentation, local weather shocks
have only been shown to affect local economic activity. This paper introduces input-output …

We build an asset pricing model that incorporates climate change risk and firms' ESG
engagement to analyse their interactive effects on equity returns. Our model shows that a …

This chapter provides an introduction to and overview of climate-economic modeling, in
particular the class of Integrated Assessment Models (IAMs) built to answer arguably the …

The existence of an environmental limit in the Solow-Swan economy changes the nature of
economic growth, but does not preclude it. When atmospheric greenhouse gases reach a …

We investigate optimal carbon abatement in a dynamic general equilibrium climate-
economy model with endogenous structural change. By differentiating the production of …

The existence of an environmental limit changes fundamentally the nature of economic
growth. When atmospheric greenhouse gases reach a predetermined absolute threshold …