Social and Behavioral Sciences Commons^™

Economic Writing On The Pressing Problems Of The Day: The Roles Of Moral Intuition And Methodological Confusion, Julie A. Nelson

Economics Faculty Publication Series

Economists are often called on to help address pressing problems of the day, yet many economists are uncomfortable about disclosing the values that they bring to this work. This essay explores how an inadequate understanding of the role of methodology, as related to ethics and human emotions of concern, underlies this reluctance and compromises the quality of economic advice. The tension between caring about the problems, on the one hand, and writing within the existing culture of the discipline, on the other, are illustrated with examples from U.S. policymaking, behavioral economics, and the economics of climate change and global poverty. …

Economic Writing On The Pressing Problems Of The Day: The Roles Of Moral Intuition And Methodological Confusion, Julie A. Nelson

Julie A. Nelson

Economists are often called on to help address pressing problems of the day, yet many economists are uncomfortable about disclosing the values that they bring to this work. This essay explores how an inadequate understanding of the role of methodology, as related to ethics and human emotions of concern, underlies this reluctance and compromises the quality of economic advice. The tension between caring about the problems, on the one hand, and writing within the existing culture of the discipline, on the other, are illustrated with examples from U.S. policymaking, behavioral economics, and the economics of climate change and global poverty. …

The Mysteries Of Trend, Peter C.B. Phillips

Cowles Foundation Discussion Papers

Trends are ubiquitous in economic discourse, play a role in much economic theory, and have been intensively studied in econometrics over the last three decades. Yet the empirical economist, forecaster, and policy maker have little guidance from theory about the source and nature of trend behavior, even less guidance about practical formulations, and are heavily reliant on a limited class of stochastic trend, deterministic drift, and structural break models to use in applications. A vast econometric literature has emerged but the nature of trend remains elusive. In spite of being the dominant characteristic in much economic data, having a role …

Climate Change Response Strategy, Anne Bennett

Bulletins 4000 -

Climate change and policies introduced to reduce emissions will affect the agricultural sector and will lead to social and economic outcomes.

In addressing the Western Australian Government's priority plan for the agriculture and food sector, the Department of Agriculture and Food, Western Australia has a number of roles it can play to assist industry to adapt and respond to climate change.

This document provides a balanced and coordinated strategic direction for climate change activities by identifying and prioritising key actions to be achieved over the next five years. The strategy is split into four chapters: emissions abatement, carbon sinks, adapting …

Participation In The First Cdm Project: The Role Of Property Rights, Social Capital And Contractual Rules, Yazhen Gong, Gary Bull, Kathy Baylis

Kathy Baylis

Paying developing countries for carbon sequestration is seen as a vital component of climate change mitigation. If appropriately designed, these payments can also transfer income to poor villagers, which can aid both the long-term sustainability of the carbon sequestered, as well as meeting the goal of poverty reduction. However, to encourage the participation of small-scale producers, a CDM forest project must offer sufficient incentives with minimal costs to participants. Both incentives and costs are embedded in property rights, social capital and contractual rules. In this paper, we ask what factors affect participation in the world’s first CDM project, established in …

Climate Change And The Wto: Legal Issues Concerning Border Tax Adjustments, Henrik Horn, Petros C. Mavroidis

Faculty Scholarship

Climate change is a multi-faceted discussion: for the trading community, one of many contentious issues in the policy debate over how to deal with greenhouse gas (GHG) emissions is the appropriate role of Border Carbon Adjustments (BCAs)/Border Tax Adjustments (BTAs). The role of BCAs has been analyzed in a very large policy discussion literature, as well as in a significant number of academic writings in both law and economics. One can safely summarize the state of each of these literatures as bewildering: in the legal literature there is still no consensus as to whether such measures are legal under the …