Endogenous Growth, Convexity of Damage and Climate Risk: How Nordhaus' Framework Supports Deep Cuts in Carbon Emissions

'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 assessment of the original article and trace its legacy, in particular Nordhaus's later seri...

Full description

Saved in:
Bibliographic Details
Published in:The Economic journal (London) 2015-03, Vol.125 (583), p.574-620
Main Authors: Dietz, Simon, Stern, Nicholas
Format: Article
Language:English
Subjects:
Carbon emissions
Climate
Damage
Economic appraisal
Economic growth
Economic models
Emissions
Emissions control
Endogenous
Endogenous growth
Environmental effects
Environmental policy
Greenhouse effect
Greenhouse gases
Pollution control
Studies
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!