Author: matt32mc

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30 Jun

Posted at 12:44h in Selected Articles by

"The Montreal Protocol at 20: Ongoing Opportunities for Integration with Climate Protection" (with Catherine S. Norman and Lin Fan) Global Environmental Change 18, 2008

Abstract

The Montreal Protocol, implemented because of the risks posed by stratospheric ozone depletion, has successfully brought about international cooperation to address a serious global environmental hazard. We show how flexibility in destruction offsets could improve efficiency and propose a simple methodology to jointly...

30 Jun

Posted at 12:42h in Selected Articles by

"The political economy of global carbon emissions reductions" Ecological Economics, 68(3) January 2009

Abstract

The discussion about what reductions in greenhouse gas emissions are required and how the emissions rights might be distributed globally has fostered the belief that there is a fundamental conflict between the rich nations of the “North” and the poor but populous nations of the “South.” The argument is that grandfathering the rights will...

30 Jun

Posted at 12:25h in Selected Articles by

"Limitations of integrated assessment models of climate change" (with Frank Ackerman, Richard B. Howarth, and Kristin Sheeran) Climatic Change, 95(3-4); August 2009

Abstract

The integrated assessment models (IAMs) that economists use to analyze the expected costs and benefits of climate policies frequently suggest that the “optimal” policy is to go slowly and to do relatively little in the near term to reduce greenhouse gas emissions. We trace this...

30 Jun

Posted at 11:51h in Books by

It might seem that contemporary economic theory offers a scientific account of choice among alternatives.  Yet this is only superficially the case; the behavior of the agents in most economic models is completely specified by preference functions, technological possibilities, and market interactions.  'Choice' is a misnomer for solution of one or another kind of optimization problem in such models....

30 Jun

Posted at 11:42h in Books by

The climate policy debate has been dominated by economic estimates of the costs of policies to reduce greenhouse gas emissions.  Yet the models used to derive those estimates are based on assumptions that have largely gone untested.  The conventional approach embodies structural features that rule out alternative market outcomes.  In addition, the distribution of "climate rights" is crucial to determining the economic affects of various policies....

30 Jun

Posted at 14:54h in Selected Articles by

"Accumulation and Discrimination in the Postbellum South" Explorations in Economic History 16, 1979

Abstract

Economic inequality between blacks and whites in the postbellum South can be attributed to two factors: racial discrimination and the absence of any redistribution of tangible wealth to accompany emancipation. This paper shows that the freedmen's initial lack of property was the most important cause of race-related income differences. The initial wealth gap between...