Carbon pricing under uncertainty

Autor: Frederick van der Ploeg

Publikováno v: International Tax and Public Finance. 28:1122-1142

Economists have adopted the Pigouvian approach to climate policy, which sets the carbon price to the social cost of carbon. We adjust this carbon price for macroeconomic uncertainty and disasters by deriving the risk-adjusted discount rate. We highli

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::79478801fa0598dc364d5b79e24eefb2
https://doi.org/10.1007/s10797-021-09686-x

Stranded Assets in the Transition to a Carbon-Free Economy

Autor: Frederick van der Ploeg, Armon Rezai

Publikováno v: van der Ploeg, F & Rezai, A 2020, ' Stranded assets in the transition to a carbon-free economy ', Annual Review of Resource Economics, vol. 12, pp. 281-298 . https://doi.org/10.1146/annurev-resource-110519-040938

Assets in the fossil fuel industries are at risk of losing market value due to unanticipated breakthroughs in renewable technology and governments stepping up climate policies in light of the Paris commitments to limit global warming to 1.5 or 2°C.

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::4b7a4e3339acef096b1ded016cfb3391
https://doi.org/10.1146/annurev-resource-110519-040938

Macro policy responses to natural resource windfalls and the crash in commodity prices

Autor: Frederick van der Ploeg

Publikováno v: van der Ploeg, F 2016 ' Macro policy responses to natural resource windfalls and the crash in commodity prices ' OxCarre Research Paper, no. 178, OxCarre, Oxford UK . < https://www.oxcarre.ox.ac.uk/images/stories/papers/ResearchPapers/oxcarrerp2016178.pdf >
van der Ploeg, F 2019, ' Macro policy responses to natural resource windfalls and the crash in commodity prices ', Journal of International Money and Finance, vol. 96, pp. 263-282 . https://doi.org/10.1016/j.jimonfin.2017.07.004
Journal of International Money and Finance, 96, 263-282. Elsevier BV

Policy prescriptions for managing natural resource windfalls are based on the permanent income hypothesis: none of the windfall is invested at home and saving in an intergenerational SWF is dictated by smoothing consumption across different generatio

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e298d0f5f24b11c7b38d4f2b0d3fa265
https://doi.org/10.1016/j.jimonfin.2017.07.004

Pricing carbon and adjusting capital to fend off climate catastrophes

Autor: Aart de Zeeuw, Frederick van der Ploeg

Publikováno v: Environmental and Resource Economics, 72(1), 29-50. Springer
Environmental and Resource Economics, 72(1), 29-50. Springer Netherlands
van der Ploeg, F & de Zeeuw, A 2019, ' Pricing Carbon and Adjusting Capital to Fend Off Climate Catastrophes ', Environmental and Resource Economics, vol. 72, no. 1, pp. 29-50 . https://doi.org/10.1007/s10640-018-0231-2
Environmental & Resource Economics

The optimal reaction to a potential productivity shock as a consequence of climate tipping is to substantially tax carbon in order to curb the risk of tipping, but to adjust capital as well in order to smooth consumption when tipping occurs. We also

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3fbba759bad257086b67a84dd47caf0c
https://doi.org/10.1007/s10640-018-0231-2

Oil discoveries and protectionism: Role of news effects

Autor: Fidel Perez-Sebastian, Frederick van der Ploeg, Ohad Raveh

Publikováno v: RUA. Repositorio Institucional de la Universidad de Alicante
Universidad de Alicante (UA)

Can oil discovery shocks affect the demand for protectionism? An intertemporal model of Dutch disease indicates that if the tradable sector is politically dominant then an oil discovery can induce protectionism. If the economy is also credit constrai

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3551bc65ec16052d40f71ce18f67233b
https://hdl.handle.net/10045/113463