G. van der Meijden, Frederick van der Ploeg and C. Withagen, “Frontiers of climate change economics“, Environmental and Resource Economics, 68, pp. 1-14, 2017
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.