We project the path of the public debt and primary surpluses for a number of countries in the euro area under a fiscal rule based on a...

Abstract: In this paper we analyze the power of various indicators to predict growth rates of aggregate production using real-time...

The author analyses public subsidies in Germany and provide actual figures of subsidy expenditures and tax concessions as granted by...

Inflation is a monetary phenomenon. While this statement is widely accepted in terms of a long-run relationship, the quantity theory...

We analyze the interaction of stock market movements and politics in Germany. In contrast to the empirical evidence available for the...

Agriculture and forestry play an important role in emitting and storing greenhouse gases. For an efficient and cost-effective climate...

Despite large uncertainties in the fertilization efficiency, natural iron fertilization studies and some of the purposeful iron...

Carbon capture and storage (CCS) is a technology that counteracts climate change by capturing atmospheric emissions of CO2 from human...

In the next years several power plants throughout Europe have to be replaced and the questions is whether to build coal fired power...

The European Emissions Trading Scheme for CO2 established in 2005 is the world's largest emissions trading scheme. Since it covers...

Quantitative models for climate policy modeling differ in the production structure used and in the sizes of the elasticities of...

The European emissions trading scheme (EU-ETS) for CO2 is the largest existing emissions trading scheme in the world. The main reason...

Hedonic theory assumes that changes in land prices and wage rates eliminate the utility advantages of differing locations. Using...

This paper deals with the problem of tackling the adverse effect of output growth on environmental quality. For this purpose we use an...

In the presence of rising carbon concentrations more attention should be given to the role of the oceans as a sink for atmospheric...

This paper introduces the concept of homogeneous non-causality in heterogeneous panels. This concept is used to examine a panel of...

CCS (carbon dioxide capture and storage) is an issue which has received increasing attention in the debate on climate change over the...

We apply standardized numerical techniques of stochastic optimization (Judd [1998]) to the climate change issue. The model captures...