Search Results

All
Data Type
Topic
Year
Refresh

Centre for Evidence-based Policy Advice

Centre for Evidence-based Policy Advice (IWH-CEP) The Centre for Evidence-based Policy Advice (IWH-CEP) of the IWH was founded in 2014. It is a platform that bundles and…

See page

Centre for Business and Productivity Dynamics

Centre for Business and Productivity Dynamics (IWH-CBPD) The Centre for Business and Productivity Dynamics (CBPD) was founded in January 2025 and works with policy and research…

See page

OVERHANG: Debt overhang and green investments

OVERHANG: Debt overhang and green investments - the role of banks in climate-friendly management of emission-intensive fixed assets Subproject 1: Policy Changes, Lending and…

See page

PhD Graduates Financial Markets

PhD Graduates of the Department of Financial Markets Eleonora Sfrappini: "Four Essays on Banking, Climate Risks and Financial Regulation" (2024) Willam McShane: "The Competitive…

See page

Research Clusters

Three Research Clusters Research Cluster "Economic Dynamics and Stability" Research Questions This cluster focuses on empirical analyses of macroeconomic dynamics and stability.…

See page

Guiding Theme and Research Profile

Tasks of the IWH Guided by its mission statement , the IWH places the understanding of the determinants of long term growth processes at the centre of the research agenda. Long…

See page

Organisation of Research

Tasks of the IWH Guided by its mission statement , the IWH places the understanding of the determinants of long term growth processes at the centre of the research agenda. Long…

See page

IWH-DPE Call for Applications

IWH-DPE Call for Applications About the IWH Doctoral Programme in Economics The IWH Doctoral Programme in Economics (IWH-DPE) is a rigorous structured four-year PhD programme with…

See page

A Multi-Model Assessment of Inequality and Climate Change

Marie Young-Brun, et al.
Research Square, 2024
Abstract

Climate change and inequality are critical and interrelated defining issues for this century. Despite growing empirical evidence on the economic incidence of climate policies and impacts, mainstream model-based assessments are often silent on the interplay between climate change and economic inequality. For example, all the major model comparisons reviewed in IPCC neglect within-country inequalities. Here we fill this gap by presenting a model ensemble of eight large-scale Integrated Assessment Models belonging to different model paradigms and featuring economic heterogeneity. We study the distributional implications of Paris-aligned climate target of 1.5 degree and include different carbon revenue redistribution schemes. Moreover, we account for the economic inequalities resulting from residual and avoided climate impacts. We find that price-based climate policies without compensatory measures increase economic inequality in most countries and across models. However, revenue redistribution through equal per-capita transfers can offset this effect, leading to on average decrease in the Gini index by almost two points. When climate benefits are included, inequality is further reduced, but only in the long term. Around mid-century, the combination of dried-up carbon revenues and yet limited climate benefits leads to higher inequality under the Paris target than in the Reference scenario, indicating the need for further policy measures in the medium term.

Read article

Evaluation of Place-based Policies

Evaluation of Place-based Policies An important part of IWH-CEP's work is the evaluation of political subsidy programmes aimed at certain regions such as the Joint Agreement for…

See page
Mitglied der Leibniz-Gemeinschaft LogoTotal-Equality-LogoSupported by the BMWK