Climate Change

Climate Economics

A Win for Green Bonds in New York

Willi Semmler, a SCEPA Senior Fellow and NSSR Professor of Economics, has for many years argued that green bonds are a powerful tool for financing the transition to a low-carbon economy. That policy proposal is getting attention — New York state recently overwhelmingly approved a $4.2 ballot measure called the Clean Water, Clean Air and Green Jobs Environmental Bond Act of 2022.

Book Review: Sustainable Macroeconomics, Climate Risks and Energy Transitions

Book Review | It is great fortune for readers when a textbook is both avant-garde and thoroughly contemporary.

Sustainability

The Real Driver of Rising Inequality

Wage suppression - not monopoly power - is fueling corporate profits and the growing gap between rich and poor.
Past Event

Policies to Reverse Inequality

Only a power and resource shift from capital to labor can reverse the entrenched trends of inequality.

Resource Library

Book Review: Sustainable Macroeconomics, Climate Risks and Energy Transitions

Book Review | It is great fortune for readers when a textbook is both avant-garde and thoroughly contemporary.

Sustainable Macroeconomics, Climate Risks, and Energy Transitions

Book | This book explores the myriad challenges of climate change and in reaching a low-carbon economy. It develops a framework for dynamic macroeconomic modeling for the climate-economy interaction, presents empirical trends in carbon-emitting resource use, and discusses policy strategies for sustainable growth under global climate change constraints.

Pandemic Meltdown and Economic Recovery – a Multi-phase Dynamic Model, Empirics, and Policy

Paper | Macroeconomic studies involving the spread of an infectious disease hardly existed before the outbreak of the Corona virus pandemic meltdown in 2020. This paper models pandemic and economic developments as well as respective control policies in a multi-phase set-up, with a view to developing an integrated and comprehensive framework.