The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
A Review of the Stern Review on the Economics of Climate Change
Abstract
How much and how fast should we react to the threat of global warming? The Stern Review argues that the damages from climate change are large, and that nations should undertake sharp and immediate reductions in greenhouse gas emissions. An examination of the Review's radical revision of the economics of climate change finds, however, that it depends decisively on the assumption of a near-zero time discount rate combined with a specific utility function. The Review's unambiguous conclusions about the need for extreme immediate action will not survive the substitution of assumptions that are consistent with today's marketplace real interest rates and savings rates.
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Cites
On Modeling and Interpreting the Economics of Catastrophic Climate Change
Weitzman, M. L. (2009) · Review of Economics and Statistics · doi:10.1162/rest.91.1.1 · Cited by 1,791
A Review of the Stern Review on the Economics of Climate Change
Weitzman, M. L. (2007) · Journal of Economic Literature · doi:10.1257/jel.45.3.703 · Cited by 1,024
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Cited by
The Economics of Climate Change: The Stern Review
Stern, N. (2007) · doi:10.1017/cbo9780511817434 · Cited by 8,371
What Do We Learn from the Weather? The New Climate-Economy Literature
Dell, M., Jones, B. F., & Olken, B. A. (2014) · Journal of Economic Literature · doi:10.1257/jel.52.3.740 · Cited by 2,300
Health and climate change: policy responses to protect public health
Watts, N., Adger, W. N., Agnolucci, P., Blackstock, J., Byass, P., Cai, W., Chaytor, S., Colbourn, T., Collins, M., Cooper, A., et al. (2015) · The Lancet · doi:10.1016/s0140-6736(15)60854-6 · Cited by 2,055
On Modeling and Interpreting the Economics of Catastrophic Climate Change
Weitzman, M. L. (2009) · Review of Economics and Statistics · doi:10.1162/rest.91.1.1 · Cited by 1,791
Carbon Taxes, Path Dependency, and Directed Technical Change: Evidence from the Auto Industry
Aghion, P., Dechezleprêtre, A., Hémous, D., Martin, R., & Van Reenen, J. (2016) · Journal of Political Economy · doi:10.1086/684581 · Cited by 1,604
Metadata
- Authors
- Nordhaus, W. D.
- Venue
- Journal of Economic Literature
- Publisher
- American Economic Association
- Published
- 2007-07-01
- Volume
- 45
- Issue
- 3
- Pages
- 686-702
- ISSN
- 0022-0515 (ISSN-L)
- OpenAlex
- W1971959487
- Cited by
- 1,735
- References
- 2
- FWCI
- 288.08
- Type
- journal article
- Language
- en
- Open access
- closed
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