As Bad as it Gets: How Climate Damage Functions Affect Growth and the Social Cost of Carbon

Article, Research English OPEN
Bretschger, Lucas; Pattakou, Aimilia;
(2017)

The paper analyzes the effects of varying climate impacts on the social cost of carbon and economic growth. We use polynomial damage functions in a model of an endogenously growing two-sector economy. The framework includes nonrenewable natural resources which cause gre... View more
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