With average temperature ranging from− 20° C at the North Pole to 30° C at the Equator and
with global warming expected to reach 1.4° C to 4.5° C by the year 2100, it is clear that …

We introduce deep equilibrium nets (DEQNs)—a deep learning‐based method to compute
approximate functional rational expectations equilibria of economic models featuring a …

To analyse climate change mitigation strategies, economists rely on simplified climate
models—so-called climate emulators—that provide a realistic quantitative link between CO …

We explore the role of public subsidies in mitigating the transition costs associated with
achieving a climate-neutral objective by 2060. To this end, we develop and estimate a …

Internationally coordinated climate mitigation policies can effectively put the world on a path
toward achieving the agreed Paris temperature goals. Such coordination could be initiated …

Here I review the fiscal costs of carbon pricing and climate policies, paying due attention to
second-best as well as first-best polies. This starts with a discussion of when the double …

Why do some countries and cities pass laws to curtail emissions that cause climate change
while others do not? Prevailing explanations focus on collective action and distributive …

We explore the role of public subsidies in mitigating the transition risk associated with a
climate-neutral objective by 2060. We develop and estimate an environmental dynamic …

Climate risk is a novel exposure that may rock the financial stability world-wide. For this
reason the world banking regulation standards-setter–the Basel Committee on Banking …

Fossil fuel producers develop too many reserves for combustion due to subsidies for upfront
development costs. The conventional wisdom is that downward-sloping tax profiles avoid …