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van der Meijden, G., van der Ploeg, R. and Withagen, C. (2017). Frontiers of Climate Change Economics Environmental and Resource Economics, 68:1--14.

  • Journal
    Environmental and Resource Economics
View publication

The economics of climate change is an active field of research. The contributions to a Special Issue are put in context of the literature, and it is suggested that second-best issues such as carbon leakage and the Green Paradox need to be complemented with a political economy analysis of why certain instruments are politically infeasible and with intra- and intergenerational analyses of the impact of climate policy. A case is also made for more empirical work on the gradual and catastrophic damages of global warming.