The Economics of Climate Change: The Stern Review
- N. Stern
- Economics
- 15 January 2007
There is now clear scientific evidence that emissions from economic activity, particularly the burning of fossil fuels for energy, are causing changes to the Earth´s climate. A sound understanding of…
Pigou, Taxation and Public Goods
- A. Atkinson, N. Stern
- Economics
- 1974
The results of Samuelson [5-7] in the theory of public goods have provided the basis for most subsequent discussion of the optimum provision of public goods. Samuelson showed that a necessary…
The Economics of Climate Change
- N. Stern
- Economics
- 2006
�Greenhouse gas (GHG) emissions are exter nalities and represent the biggest market failure the world has seen. We all produce emissions, people around the world are already suffering from past…
Stern Review: The Economics of Climate Change
- Siobhan J. Peters, V. Bakhshi, N. Stern
- Economics
- 30 October 2006
The Review's executive summary states that "the Review first examines the evidence on the economic impacts of climate change itself, and explores the economics of stabilizing greenhouse gases in the…
Endogenous Growth, Convexity of Damage and Climate Risk: How Nordhaus' Framework Supports Deep Cuts in Carbon Emissions
- Simon Dietz, N. Stern
- Economics
- 16 June 2014
‘To slow or not to slow’ (Nordhaus, 1991) was the first economic appraisal of greenhouse gas emissions abatement and founded a large literature on a topic of worldwide importance. We offer our…
Taxation and Development
- R. Burgess, N. Stern
- Economics
- 1993
∗Chapter prepared for the Handbook of Public Economics, edited by Alan Auerbach, Raj Chetty, Martin Feldstein, and Emmanuel Saez. We are grateful to Mohammad Vesal for superb research assistance. We…
The Structure of Economic Modeling of the Potential Impacts of Climate Change: Grafting Gross Underestimation of Risk onto Already Narrow Science Models
- N. Stern
- Economics
- 1 September 2013
Scientists describe the scale of the risks from unmanaged climate change as potentially immense. However, the scientific models, because they omit key factors that are hard to capture precisely,…
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