” The Economics of Climate Change ” – Just published with the bank of greece!


GEORGE ECONOMIDES, ANDREAS PAPANDREOU (NKUA, ICRE8 and SDSN co-chair), EFTICHIOS SARTZETAKIS (University of Macedonia) AND ANASTASIOS XEPAPADEAS (Athens University of Economics and Business and ICRE8)

The present volume provides a comprehensive, state-of-the-art review of the economics of climate change, focusing on the design of economic policy aimed at controlling the climate externality. It begins by presenting approaches to modeling climate change, the ways in which the climate and the economy are modeled as a coupled system, and a literature review of the emerging area of environmental macroeconomics. There follows an overview of mitigation-related climate change policies, such as proposals for carbon taxes and cap-and-trade policies, along with an analysis of the economics of private and public adaptation which includes both adaptation policies and adaptation finance. It also sets the foundations for addressing the role of monetary policy under conditions of global warming and exploring the link between monetary policy and climate change.

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