H. Welsch

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This paper studies the influence of productivity, pollution sensitivity, and adaptive capacity on optimal mitigation and adaptation in a two country global pollution model. We investigate the effects of changes of these parameters on the allocation of emissions, adaptation expenditures, and welfare. In our analysis we distinguish between cooperative and(More)
C Co om mp pa ar ra at ti iv ve e E Ec co on no om mi ic c P Pe er rf fo or rm ma an nc ce e a an nd d I In ns st ti it tu ut ti io on na al l C Ch ha an ng ge e i in n O OE EC CD D C Co ou un nt tr ri ie es s: : E Ev vi id de en nc ce e f fr ro om m S Su ub bj je ec ct ti iv ve e W We el ll l-B Be ei in ng g D Da at ta a Abstract We use data on the(More)
This paper uses data on subjective well-being (life satisfaction) to explore the hypothesis that – relative to the utility maximum – consumer choice may be distorted towards the quantity consumed and away from environment-friendliness of consumption. Similar distortions have been documented with respect to other behaviors which, similar as pro-environment(More)
This paper presents the first comprehensive, model-based impact analysis of the German environmental fiscal reform, addressing the effects on CO 2 emissions, economic growth, employment, and personal income distribution. Both an econometric input–output model and a dynamic computable general equilibrium model are applied in order to enhance the credibility(More)
This paper studies whether pro-environmental consumption choices are consistent with utility maximization and what role the consumption behavior of reference persons and one's own past behavior play in this context. By combining data on individuals' pro-environmental consumption from a unique data set with data on subjective well-being, we find that people(More)
A An nt ti i-I In nf fl la at ti io on n P Po ol li ic cy y B Be en ne ef fi it ts s t th he e P Po oo or r: : E Ev vi id de en nc ce e f fr ro om m S Su ub bj je ec ct ti iv ve e W We el ll l-B Be ei in ng g D Da at ta a Abstract: Using subjective well-being data for more than 91,000 individuals in 30 OECD countries, 1990-2008, we study how people's(More)
a r t i c l e i n f o This paper investigates the relationship between emissions of carbon dioxide and the ongoing process of demographic transition in OECD countries. Our research is motivated by suggestions in the literature that emission-relevant consumption patterns may depend on the position in the life cycle and on the birth cohort to which people(More)