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David L. Kelly

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. David Kelly, 2009. "Subsidies to Industry and the Environment," NBER Working Papers 14999, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Again: tax, do not subsidize
      by Economic Logician in Economic Logic on 2009-06-05 13:16:00

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Kelly, David L. & Kolstad, Charles D. & Mitchell, Glenn T., 2005. "Adjustment costs from environmental change," Journal of Environmental Economics and Management, Elsevier, vol. 50(3), pages 468-495, November.

    Mentioned in:

    1. > Environmental and Natural Resource Economics > Climate economics > Adaptation

Working papers

  1. Marc N. Conte & David L. Kelly, 2016. "An Imperfect Storm: Fat-Tailed Hurricane Damages, Insurance and Climate Policy," Working Papers 2016-01, University of Miami, Department of Economics.

    Cited by:

    1. Indaco, Agustín & Ortega, Francesc & Taspinar, Süleyman, 2018. "The Effects of Flood Insurance on Housing Markets," IZA Discussion Papers 11810, Institute of Labor Economics (IZA).
    2. Dinan, Terry, 2017. "Projected Increases in Hurricane Damage in the United States: The Role of Climate Change and Coastal Development," Ecological Economics, Elsevier, vol. 138(C), pages 186-198.
    3. Ortega, Francesc & Taṣpınar, Süleyman, 2018. "Rising sea levels and sinking property values: Hurricane Sandy and New York’s housing market," Journal of Urban Economics, Elsevier, vol. 106(C), pages 81-100.

  2. Luke G. Fitzpatrick & David L. Kelly, 2015. "Probabilistic Stabilization Targets," Working Papers 2015-03, University of Miami, Department of Economics.

    Cited by:

    1. Dominika Czyz & Karolina Safarzynska, 2023. "Catastrophic Damages and the Optimal Carbon Tax Under Loss Aversion," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 85(2), pages 303-340, June.
    2. Frederick Ploeg, 2018. "The safe carbon budget," Climatic Change, Springer, vol. 147(1), pages 47-59, March.
    3. Agliardi, Elettra & Xepapadeas, Anastasios, 2022. "Temperature targets, deep uncertainty and extreme events in the design of optimal climate policy," Journal of Economic Dynamics and Control, Elsevier, vol. 139(C).
    4. Adrien Bilal & James H. Stock, 2025. "A Guide to Macroeconomics and Climate Change," NBER Working Papers 33567, National Bureau of Economic Research, Inc.
    5. In Chang Hwang & Richard S. J. Tol & Marjan W. Hofkes, 2019. "Active Learning and Optimal Climate Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 1237-1264, August.
    6. Lemoine, Derek & Traeger, Christian P., 2016. "Ambiguous tipping points," Journal of Economic Behavior & Organization, Elsevier, vol. 132(PB), pages 5-18.
    7. Hwang, In Chang & Reynès, Frédéric & Tol, Richard S.J., 2017. "The effect of learning on climate policy under fat-tailed risk," Resource and Energy Economics, Elsevier, vol. 48(C), pages 1-18.
    8. Ahlvik, Lassi & Iho, Antti, 2018. "Optimal geoengineering experiments," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 148-168.
    9. Donovan, Pierce & Springborn, Michael, 2022. "Balancing conservation and commerce: A shadow value viability approach for governing bycatch," Journal of Environmental Economics and Management, Elsevier, vol. 114(C).

  3. Raphael Boleslavsky & David L Kelly & Curtis R Taylor, 2013. "Selloffs, Bailouts, and Feedback: Can Asset Markets Inform Policy," Working Papers 2013-11, University of Miami, Department of Economics.

    Cited by:

    1. Dirk Bergemann & Marco Ottaviani, 2021. "Information Markets and Nonmarkets," Cowles Foundation Discussion Papers 2296, Cowles Foundation for Research in Economics, Yale University.
    2. Alex Edmans & Itay Goldstein & Wei Jiang, 2011. "Feedback Effects and the Limits to Arbitrage," NBER Working Papers 17582, National Bureau of Economic Research, Inc.
    3. Caio Machado & Ana Elisa Pereira, 2023. "Optimal Capital Structure with Stock Market Feedback," Review of Finance, European Finance Association, vol. 27(4), pages 1329-1371.
    4. Asriyan, Vladimir & Fuchs, William & Green, Brett, 2021. "Aggregation and design of information in asset markets with adverse selection," Journal of Economic Theory, Elsevier, vol. 191(C).
    5. Brendan Daley & Brett Green & Victoria Vanasco, 2016. "Designing securities for scrutiny," Economics Working Papers 1818, Department of Economics and Business, Universitat Pompeu Fabra, revised Nov 2021.
    6. Caio Machado & Ana Elisa Pereira, 2020. "Competing for Stock Market Feedback," Documentos de Trabajo 545, Instituto de Economia. Pontificia Universidad Católica de Chile..
    7. Raphael Boleslavsky & Christopher Hennessy & David L. Kelly, 2017. "Markets vs. Mechanisms," Working Papers 2017-11, University of Miami, Department of Economics.
    8. Itay Goldstein, 2023. "Information in Financial Markets and Its Real Effects," Review of Finance, European Finance Association, vol. 27(1), pages 1-32.
    9. Doruk Cetemen & Gonzalo Cisternas & Aaron Kolb & S Viswanathan, 2022. "Leader-Follower Dynamics in Shareholder Activism," Staff Reports 1030, Federal Reserve Bank of New York.
    10. Toni Ahnert & Caio Machado & Ana Elisa Pereira, 2020. "Trading for Bailouts," Staff Working Papers 20-23, Bank of Canada.
    11. Jia, Yuecheng & Simkins, Betty & Feng, Hongrui, 2023. "Political connections and short sellers," Journal of Banking & Finance, Elsevier, vol. 146(C).

  4. David Kelly & David Letson & Forest Nelson & David S. Nolan & Daniel Solis, 2009. "Evolution of Subjective Hurricane Risk Perceptions: A Bayesian Approach," Working Papers 0905, University of Miami, Department of Economics.

    Cited by:

    1. Derek Lemoine & Sarah Kapnick, 2024. "Financial markets value skillful forecasts of seasonal climate," Nature Communications, Nature, vol. 15(1), pages 1-10, December.
    2. Craig W. Trumbo & Lori Peek & Michelle A. Meyer & Holly L. Marlatt & Eve Gruntfest & Brian D. McNoldy & Wayne H. Schubert, 2016. "A Cognitive‐Affective Scale for Hurricane Risk Perception," Risk Analysis, John Wiley & Sons, vol. 36(12), pages 2233-2246, December.
    3. Conte, Marc N. & Kelly, David L., 2018. "An imperfect storm: Fat-tailed tropical cyclone damages, insurance, and climate policy," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 677-706.
    4. Kajii, Atsushi & Watanabe, Takahiro, 2017. "Favorite–longshot bias in pari-mutuel betting: An evolutionary explanation," Journal of Economic Behavior & Organization, Elsevier, vol. 140(C), pages 56-69.
    5. Xu, Haifeng & Ding, Yi & Zhang, Cheng & Tan, Bernard C.Y., 2023. "Too official to be effective: An empirical examination of unofficial information channel and continued use of retracted articles," Research Policy, Elsevier, vol. 52(7).

  5. David L. Kelly, 2006. "Subsidies to Industry and the Environment," Working Papers 0602, University of Miami, Department of Economics.

    Cited by:

    1. Robert J. R. Elliott & Toshihiro Okubo, 2016. "Ecological Modernization in Japan: The Role of Interest Rate Subsidies and Voluntary Pollution Control Agreements," Asian Economic Papers, MIT Press, vol. 15(3), pages 66-88, Fall.
    2. Debashis Chakraborty & Sacchidananda Mukherjee, 2013. "Fiscal Subsidies and Environmental Sustainability: What does the Cross-country Empirical Estimates Suggest?," Foreign Trade Review, , vol. 48(3), pages 383-397, August.
    3. Gao, Kang & Yuan, Yijun, 2021. "The effect of innovation-driven development on pollution reduction: Empirical evidence from a quasi-natural experiment in China," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    4. Claustre Bajona & David L. Kelly, 2005. "Trade and the Environment with Pre-existing Subsidies: A Dynamic General Equilibrium Analysis," Working Papers 0603, University of Miami, Department of Economics, revised 01 Mar 2006.
    5. Mukherjee, Sacchidananda & Chakraborty, Debashis, 2013. "Negative Influence of Fiscal Subsidies on Environment: Empirical Evidence from Cross-Country Estimation," Working Papers 13/117, National Institute of Public Finance and Policy.

  6. Claustre Bajona & David L. Kelly, 2005. "Trade and the Environment with Pre-existing Subsidies: A Dynamic General Equilibrium Analysis," Working Papers 0603, University of Miami, Department of Economics, revised 01 Mar 2006.

    Cited by:

    1. Wei, Wenjie, 2014. "Welfare and Environmental Effects of Subsidies and Tariffs in North-South Trade in Renewable Energy Equipment," 2014 Conference (58th), February 4-7, 2014, Port Macquarie, Australia 165887, Australian Agricultural and Resource Economics Society.
    2. Robert J. R. Elliott & Toshihiro Okubo, 2016. "Ecological Modernization in Japan: The Role of Interest Rate Subsidies and Voluntary Pollution Control Agreements," Asian Economic Papers, MIT Press, vol. 15(3), pages 66-88, Fall.
    3. Jixia Zheng & Rui Chen & Qinggen Zeng & Yanan Chen & Qianlin Ye, 2025. "Sustainable Development of Green Tourism Supply Chain Considering Blockchain Traceability and Government Subsidies," Annals of Data Science, Springer, vol. 12(4), pages 1315-1342, August.
    4. Yaohua Qin & He Xiao, 2025. "Air pollution and corporate tax avoidance," Review of Quantitative Finance and Accounting, Springer, vol. 64(1), pages 475-503, January.
    5. David Kelly, 2009. "Subsidies to Industry and the Environment," NBER Working Papers 14999, National Bureau of Economic Research, Inc.
    6. Kakeu, Johnson & Agbo, Maxime, 2022. "International transfer to reduce global inequality and transboundary pollution," Energy Economics, Elsevier, vol. 114(C).
    7. Garth Heutel & David L. Kelly, 2013. "Incidence and Environmental Effects of Distortionary Subsidies," UNCG Economics Working Papers 13-5, University of North Carolina at Greensboro, Department of Economics.
    8. Sheng, Yu & Shi, Xunpeng & Su, Bin, 2018. "Re-analyzing the economic impact of a global bunker emissions charge," Energy Economics, Elsevier, vol. 74(C), pages 107-119.
    9. Liu, Li-Jing & Creutzig, Felix & Yao, Yun-Fei & Wei, Yi-Ming & Liang, Qiao-Mei, 2020. "Environmental and economic impacts of trade barriers: The example of China–US trade friction," Resource and Energy Economics, Elsevier, vol. 59(C).
    10. Zhao, Xiaoli & Yin, Haitao & Zhao, Yue, 2015. "Impact of environmental regulations on the efficiency and CO2 emissions of power plants in China," Applied Energy, Elsevier, vol. 149(C), pages 238-247.
    11. Jing Shuai & Xin Cheng & Jing Liu & Jinhua Cheng, 2018. "What do consumers expect for government subsidies on low-carbon products in China?," International Journal of Low-Carbon Technologies, Oxford University Press, vol. 13(2), pages 131-139.
    12. Garth Heutel & David L. Kelly, 2016. "Incidence, Environmental, and Welfare Effects of Distortionary Subsidies," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(2), pages 361-415.

  7. Kelly, David L. & Steigerwald, Douglas G, 2003. "Private Information and High-Frequency Stochastic Volatility," University of California at Santa Barbara, Economics Working Paper Series qt00n4h4mw, Department of Economics, UC Santa Barbara.

    Cited by:

    1. Yoichi Otsubo & Bruce Mizrach, 2012. "The Market Microstructure of the European Climate Exchange," LSF Research Working Paper Series 12-7, Luxembourg School of Finance, University of Luxembourg.
    2. Booth, G. Geoffrey & Gurun, Umit G., 2008. "Volatility clustering and the bid-ask spread: Exchange rate behavior in early Renaissance Florence," Journal of Empirical Finance, Elsevier, vol. 15(1), pages 131-144, January.
    3. Jonathan H. Wright, 2000. "Log-periodogram estimation of long memory volatility dependencies with conditionally heavy tailed returns," International Finance Discussion Papers 685, Board of Governors of the Federal Reserve System (U.S.).
    4. Steigerwald, Doug & Vagnoni, Richard J., 2001. "Option Market Microstructure and Stochastic Volatility," University of California at Santa Barbara, Economics Working Paper Series qt1v2059c2, Department of Economics, UC Santa Barbara.
    5. Chung, Kee H. & Li, Mingsheng & McInish, Thomas H., 2005. "Information-based trading, price impact of trades, and trade autocorrelation," Journal of Banking & Finance, Elsevier, vol. 29(7), pages 1645-1669, July.

  8. Kelly, David & LeRoy, Stephen F., 2001. "Liquidity and Liquidation," University of California at Santa Barbara, Economics Working Paper Series qt4fq7n6pj, Department of Economics, UC Santa Barbara.

    Cited by:

    1. John Krainer & Mark M. Spiegel & Nobuyoshi Yamori, 2010. "Asset Price Persistence and Real Estate Market Illiquidity: Evidence from Japanese Land Values," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 38(2), pages 171-196, June.
    2. John Krainer & Mark M. Spiegel & Nobuyoshi Yamori, 2005. "Asset price declines and real estate market illiquidity: evidence from Japanese land values," Working Paper Series 2004-16, Federal Reserve Bank of San Francisco.
    3. David L. Kelly & Stephen F. LeRoy, 2005. "Liquidity and fire sales," Proceedings, Board of Governors of the Federal Reserve System (U.S.), pages 249-270.

  9. Kelly, David L. & Kolstad, Charles D., 1999. "Malthus and Climate Change: Betting on a Stable Population," University of California at Santa Barbara, Economics Working Paper Series qt9ks625sk, Department of Economics, UC Santa Barbara.

    Cited by:

    1. Dietz, Simon & Gollier, Christian & Kessler, Louise, 2015. "The climate beta," TSE Working Papers 15-608, Toulouse School of Economics (TSE).
    2. Aurélie Méjean & Antonin Pottier & Marc Fleurbaey & Stéphane Zuber, 2020. "Catastrophic climate change, population ethics and intergenerational equity," Post-Print halshs-01599453, HAL.
    3. Millner, Antony & Dietz, Simon, 2015. "Adaptation to climate change and economic growth in developing countries," LSE Research Online Documents on Economics 57863, London School of Economics and Political Science, LSE Library.
    4. Richard S.J. Tol, 2012. "Targets for Global Climate Policy: An Overview," Working Paper Series 3712, Department of Economics, University of Sussex Business School.
    5. Antony Millner & Simon Dietz, 2011. "Adaptation to climate change and economic growth in developing countries," GRI Working Papers 60, Grantham Research Institute on Climate Change and the Environment.
    6. Warlenius, Rikard Hjorth, 2023. "The limits to degrowth: Economic and climatic consequences of pessimist assumptions on decoupling," Ecological Economics, Elsevier, vol. 213(C).
    7. L. Wexler, 1996. "Improving Population Assumptions in Greenhouse Emissions Models," Working Papers wp96099, International Institute for Applied Systems Analysis.
    8. Nicholas Lawson & Dean Spears, 2018. "Optimal population and exhaustible resource constraints," Journal of Population Economics, Springer;European Society for Population Economics, vol. 31(1), pages 295-335, January.
    9. Ronald R. Kumar & Peter J. Stauvermann, 2019. "The Effects of a Revenue-Neutral Child Subsidy Tax Mechanism on Growth and GHG Emissions," Sustainability, MDPI, vol. 11(9), pages 1-23, May.
    10. Peura, Pekka, 2013. "From Malthus to sustainable energy—Theoretical orientations to reforming the energy sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 19(C), pages 309-327.
    11. Kolstad, Charles D. & Toman, Michael, 2001. "The Economics of Climate Policy," Discussion Papers 10783, Resources for the Future.
    12. Robert S. Pindyck, 2006. "Uncertainty In Environmental Economics," NBER Working Papers 12752, National Bureau of Economic Research, Inc.
    13. Aurélie Méjean & Antonin Pottier & Stéphane Zuber & Marc Fleurbaey, 2023. "Opposite ethical views converge under the threat of catastrophic climate change," PSE Working Papers halshs-04158009, HAL.
    14. Pizer, William, 1997. "Optimal Choice of Policy Instrument and Stringency Under Uncertainty: The Case of Climate Change," RFF Working Paper Series dp-97-17, Resources for the Future.
    15. Antonin Pottier & Marc Fleurbaey & Aurélie Méjean & Stéphane Zuber, 2020. "Climate change and population: an assessment of mortality due to health impacts," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-03048602, HAL.
    16. Rick van der Ploeg & Armon Rezai, 2020. "Optimal Carbon Pricing in General Equilibrium: Temperature Caps and Stranded Assets in an Extended Annual DSGE Model," CESifo Working Paper Series 8782, CESifo.
    17. Steven Lugauer & Richard Jensen & Clayton Sadler, 2014. "An Estimate Of The Age Distribution'S Effect On Carbon Dioxide Emissions," Economic Inquiry, Western Economic Association International, vol. 52(2), pages 914-929, April.
    18. Stuart, Charles & Bohn, Henning, 2011. "Global Warming and the Population Externality," University of California at Santa Barbara, Economics Working Paper Series qt82z9c3p6, Department of Economics, UC Santa Barbara.
    19. Bohn, Henning & Stuart, Charles, 2015. "Calculation of a Population Externality," University of California at Santa Barbara, Recent Works in Economics qt5cg1k3nd, Department of Economics, UC Santa Barbara.
    20. Richard S.J. Tol, 2021. "Estimates of the social cost of carbon have not changed over time," Working Paper Series 0821, Department of Economics, University of Sussex Business School.
    21. Traeger, Christian P., 2012. "Why uncertainty matters - discounting under intertemporal risk aversion and ambiguity," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2w614303, Department of Agricultural & Resource Economics, UC Berkeley.
    22. Simon Dietz & Geir B. Asheim, 2011. "Climate policy under sustainable discounted utilitarianism," GRI Working Papers 42, Grantham Research Institute on Climate Change and the Environment.
    23. Kavuncu, Y. Okan & Knabb, Shawn D., 2005. "Stabilizing greenhouse gas emissions: Assessing the intergenerational costs and benefits of the Kyoto Protocol," Energy Economics, Elsevier, vol. 27(3), pages 369-386, May.
    24. Kavuncu, Yusuf Okan & Knabb, Shawn D., 2001. "An Intergenerational Cost-Benefit Analysis of Climate Change," University of California at Santa Barbara, Economics Working Paper Series qt72v881dd, Department of Economics, UC Santa Barbara.
    25. Smith, Kathryn, 2009. "Saving the World but Saving Too Much? Time Preference and Productivity in Climate Policy Modelling," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 47619, Australian Agricultural and Resource Economics Society.
    26. Naeem Akram* & Asma Gulzar**, 2013. "Climate change and economic growth : An empirical analysis of Pakistan," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 23(1), pages 31-54.
    27. Geoffrey Heal & Bengt Kriström, 2002. "Uncertainty and Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 22(1), pages 3-39, June.
    28. Kelly, David L. & Kolstad, Charles D., 1999. "Bayesian learning, growth, and pollution," Journal of Economic Dynamics and Control, Elsevier, vol. 23(4), pages 491-518, February.
    29. Richard S. J. Tol, 2021. "Estimates of the social cost of carbon have increased over time," Papers 2105.03656, arXiv.org, revised Aug 2022.

  10. Kelly, David L. & Kolstad, Charles D., 1999. "Solving Infinite Horizon Growth Models with an Environmental Sector," University of California at Santa Barbara, Economics Working Paper Series qt3hd4c4v3, Department of Economics, UC Santa Barbara.

    Cited by:

    1. Richard S. J. Tol & In Chang Hwang & Frédéric Reynès, 2012. "The Effect of Learning on Climate Policy under Fat-tailed Uncertainty," Working Paper Series 5312, Department of Economics, University of Sussex Business School.
    2. Aleksandar Arandjelovi'c & Pavel V. Shevchenko & Tomoko Matsui & Daisuke Murakami & Tor A. Myrvoll, 2024. "Solving stochastic climate-economy models: A deep least-squares Monte Carlo approach," Papers 2408.09642, arXiv.org.
    3. Luke G. Fitzpatrick & David L. Kelly, 2015. "Probabilistic Stabilization Targets," Working Papers 2015-03, University of Miami, Department of Economics.
    4. Christian Traeger, 2014. "A 4-Stated DICE: Quantitatively Addressing Uncertainty Effects in Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 59(1), pages 1-37, September.
    5. Derek M. Lemoine & Christian P. Traeger, 2012. "Tipping Points and Ambiguity in the Economics of Climate Change," NBER Working Papers 18230, National Bureau of Economic Research, Inc.
    6. David García-León, 2016. "Adapting to Climate Change: an Analysis under Uncertainty," Working Papers 2016.10, Fondazione Eni Enrico Mattei.
    7. Derek Lemoine & Christian Traeger, 2014. "Watch Your Step: Optimal Policy in a Tipping Climate," American Economic Journal: Economic Policy, American Economic Association, vol. 6(1), pages 137-166, February.
    8. Leach, Andrew J., 2007. "The climate change learning curve," Journal of Economic Dynamics and Control, Elsevier, vol. 31(5), pages 1728-1752, May.
    9. Jensen, Svenn & Traeger, Christian P., 2014. "Optimal climate change mitigation under long-term growth uncertainty: Stochastic integrated assessment and analytic findings," European Economic Review, Elsevier, vol. 69(C), pages 104-125.
    10. J. Farmer & Cameron Hepburn & Penny Mealy & Alexander Teytelboym, 2015. "A Third Wave in the Economics of Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(2), pages 329-357, October.

  11. Kolstad, Charles D. & Kelly, David L. & Mitchell, Glenn, 1999. "Adjustment Costs from Environmental Change Induced by Incomplete Information and Learning," University of California at Santa Barbara, Economics Working Paper Series qt9mx119gc, Department of Economics, UC Santa Barbara.

    Cited by:

    1. Leach, Andrew J., 2007. "The climate change learning curve," Journal of Economic Dynamics and Control, Elsevier, vol. 31(5), pages 1728-1752, May.
    2. Günter Lang, 2001. "Global Warming and German Agriculture Impact Estimations Using a Restricted Profit Function," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(2), pages 97-112, June.
    3. Stephen Schneider & William Easterling & Linda Mearns, 2000. "Adaptation: Sensitivity to Natural Variability, Agent Assumptions and Dynamic Climate Changes," Climatic Change, Springer, vol. 45(1), pages 203-221, April.

  12. David Kelly & Jamsheed Shorish, 1994. "Valuing and Hedging American Put Options Using Neural Networks," GSIA Working Papers 8, Carnegie Mellon University, Tepper School of Business.

    Cited by:

    1. Lei Fan & Justin Sirignano, 2024. "Machine Learning Methods for Pricing Financial Derivatives," Papers 2406.00459, arXiv.org.
    2. Fei Chen & Charles Sutcliffe, 2012. "Pricing And Hedging Short Sterling Options Using Neural Networks," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 19(2), pages 128-149, April.
    3. Julia Bennell & Charles Sutcliffe, 2004. "Black–Scholes versus artificial neural networks in pricing FTSE 100 options," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 12(4), pages 243-260, October.
    4. Raquel M. Gaspar & Sara D. Lopes & Bernardo Sequeira, 2020. "Neural Network pricing of American put options," Working Papers REM 2020/0122, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    5. Yanhui Shen, 2023. "American Option Pricing using Self-Attention GRU and Shapley Value Interpretation," Papers 2310.12500, arXiv.org.

  13. David Kelly & Jamsheed Shorish, "undated". "Learning to be Rational Using Neural Networks," GSIA Working Papers 6, Carnegie Mellon University, Tepper School of Business.

    Cited by:

    1. Heinemann, Maik, 2000. "Adaptive learning of rational expectations using neural networks," Journal of Economic Dynamics and Control, Elsevier, vol. 24(5-7), pages 1007-1026, June.

  14. Aditya Goenka & David Kelly & Stephen Spear, "undated". "Endogenous Strategic Business Cycles," GSIA Working Papers 2, Carnegie Mellon University, Tepper School of Business.

    Cited by:

    1. Ghosal, Sayantan & Morelli, Massimo, 2004. "Retrading in market games," Journal of Economic Theory, Elsevier, vol. 115(1), pages 151-181, March.
    2. Toraubally, Waseem A., 2018. "Large market games, the law of one price, and market structure," Journal of Mathematical Economics, Elsevier, vol. 78(C), pages 13-26.
    3. Aditya Goenka & Lin Liu, 2012. "Infectious diseases and endogenous fluctuations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 50(1), pages 125-149, May.
    4. Amir, Rabah & Bloch, Francis, 2009. "Comparative statics in a simple class of strategic market games," Games and Economic Behavior, Elsevier, vol. 65(1), pages 7-24, January.
    5. Francis Bloch & Hélène Ferrer, 2001. "Trade Fragmentation and Coordination in Strategic Market Games," Post-Print halshs-02174875, HAL.
    6. Kunieda, Takuma, 2008. "Finance and Growth Cycles," MPRA Paper 11340, University Library of Munich, Germany.
    7. William Barnett & Yijun He, 2012. "Center Manifold, Stability, and Bifurcations in Continuous Time Macroeconometric Systems," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 201227, University of Kansas, Department of Economics, revised Sep 2012.
    8. Orrego, Fabrizio, 2011. "Demografía y precios de activos," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 22, pages 83-101.
    9. Goenka, Aditya, 2000. "Informed Trading and the "Leakage" of Information," Economics Discussion Papers 8835, University of Essex, Department of Economics.
    10. Goenka, Aditya & Poulsen, Odile, 2004. "Factor Intensity Reversal and Ergodic Chaos," Working Papers 04-13, University of Aarhus, Aarhus School of Business, Department of Economics.
    11. Toraubally, Waseem A., 2024. "Quantity competition in Hotellings linear city," CRETA Online Discussion Paper Series 87, Centre for Research in Economic Theory and its Applications CRETA.
    12. William A. Barnett & Yijun He & ., 1999. "Stabilization Policy as Bifurcation Selection: Would Keynesian Policy Work if the World Really were Keynesian?," Macroeconomics 9906008, University Library of Munich, Germany.
    13. Toraubally, Waseem A., 2019. "Arbitrage equilibria in large games with many commodities," Economics Letters, Elsevier, vol. 179(C), pages 24-28.
    14. Breton, Michele & St-Amour, Pascal & Vencatachellum, Desire, 2003. "Dynamic production teams with strategic behavior," Journal of Economic Dynamics and Control, Elsevier, vol. 27(5), pages 875-905, March.
    15. Toraubally, Waseem A., 2023. "Comparative advantage with many goods: New treatment and results," European Journal of Operational Research, Elsevier, vol. 311(3), pages 1188-1201.
    16. Kashan Pirzada, 2016. "Providers And Users’ Perception Of Voluntary Need Of Human Resource Disclosure: A Content Analysis," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 14(2), pages 232-242, December.
    17. Toraubally, Waseem A., 2022. "Strategic trading and Ricardian comparative advantage," Journal of Economic Behavior & Organization, Elsevier, vol. 195(C), pages 428-447.
    18. Herakles M. Polemarchakis & Indrajit Ray, 2004. "Sunspots, Correlation and Competition," Discussion Papers 04-15, Department of Economics, University of Birmingham.
    19. Peck, James, 2003. "Large market games with demand uncertainty," Journal of Economic Theory, Elsevier, vol. 109(2), pages 283-299, April.
    20. Aloisio Araujo & Wilfredo L. Maldonado & Diogo Pinheiro & Alberto A. Pinto & Mohammad Choubdar Soltanahmadi, 2021. "Refinement of dynamic equilibrium using small random perturbations," International Journal of Economic Theory, The International Society for Economic Theory, vol. 17(3), pages 258-283, September.

Articles

  1. David L. Kelly & Renato Molina, 2023. "Adaptation Infrastructure and Its Effects on Property Values in the Face of Climate Risk," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 10(6), pages 1405-1438.

    Cited by:

    1. Fanglin Chen & Jie Zhang & Zhongfei Chen, 2025. "Heat Waves and Housing Markets: Assessing the Effects on Real Estate Prices in China," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 88(6), pages 1541-1579, June.
    2. Dylan E. McNamara & Martin D. Smith & Zachary Williams & Sathya Gopalakrishnan & Craig E. Landry, 2024. "Policy and market forces delay real estate price declines on the US coast," Nature Communications, Nature, vol. 15(1), pages 1-16, December.

  2. Raphael Boleslavsky & Christopher A Hennessy & David L Kelly, 2022. "Markets versus Mechanisms," The Review of Financial Studies, Society for Financial Studies, vol. 35(7), pages 3139-3174.

    Cited by:

    1. Itay Goldstein, 2023. "Information in Financial Markets and Its Real Effects," Review of Finance, European Finance Association, vol. 27(1), pages 1-32.

  3. Marc N. Conte & David L. Kelly, 2021. "Understanding the Improbable: A Survey of Fat Tails in Environmental Economics," Annual Review of Resource Economics, Annual Reviews, vol. 13(1), pages 289-310, October.

    Cited by:

    1. Paulo M.M. Rodrigues & Nicolau João, 2024. "A simple but powerful tail index regression," Working Papers w202412, Banco de Portugal, Economics and Research Department.
    2. Lee, Sangjun & Zhao, Jinhua, 2021. "Adaptation to climate change: Extreme events versus gradual changes," Journal of Economic Dynamics and Control, Elsevier, vol. 133(C).

  4. Conte, Marc N. & Kelly, David L., 2018. "An imperfect storm: Fat-tailed tropical cyclone damages, insurance, and climate policy," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 677-706.

    Cited by:

    1. Peng Liu & Yanyan Zheng, 2023. "Heavy-tailed distributions of confirmed COVID-19 cases and deaths in spatiotemporal space," PLOS ONE, Public Library of Science, vol. 18(11), pages 1-19, November.
    2. Peng Liu, 2024. "Anti-correlation network among China A-shares," Papers 2404.00028, arXiv.org, revised Oct 2025.
    3. Indaco, Agustín & Ortega, Francesc & Taspinar, Süleyman, 2018. "The Effects of Flood Insurance on Housing Markets," IZA Discussion Papers 11810, Institute of Labor Economics (IZA).

  5. Boleslavsky, Raphael & Kelly, David L. & Taylor, Curtis R., 2017. "Selloffs, bailouts, and feedback: Can asset markets inform policy?," Journal of Economic Theory, Elsevier, vol. 169(C), pages 294-343.
    See citations under working paper version above.
  6. Luke G. Fitzpatrick & David L. Kelly, 2017. "Probabilistic Stabilization Targets," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(2), pages 611-657.
    See citations under working paper version above.
  7. Garth Heutel & David L. Kelly, 2016. "Incidence, Environmental, and Welfare Effects of Distortionary Subsidies," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(2), pages 361-415.

    Cited by:

    1. Haan, Peter & Simmler, Martin, 2018. "Wind electricity subsidies — A windfall for landowners? Evidence from a feed-in tariff in Germany," Journal of Public Economics, Elsevier, vol. 159(C), pages 16-32.

  8. Kelly, David L. & Tan, Zhuo, 2015. "Learning and climate feedbacks: Optimal climate insurance and fat tails," Journal of Environmental Economics and Management, Elsevier, vol. 72(C), pages 98-122.

    Cited by:

    1. David Anthoff & Richard S. J. Tol, 2020. "Testing the Dismal Theorem," Working Paper Series 1920, Department of Economics, University of Sussex Business School.
    2. Huai Deng & Huan Wu & Hui Xu, 2025. "Social cost of carbon under endogenous social adaptation," Climatic Change, Springer, vol. 178(4), pages 1-20, April.
    3. Yongyang Cai, 2020. "The Role of Uncertainty in Controlling Climate Change," Papers 2003.01615, arXiv.org, revised Oct 2020.
    4. Luke G. Fitzpatrick & David L. Kelly, 2015. "Probabilistic Stabilization Targets," Working Papers 2015-03, University of Miami, Department of Economics.
    5. Terrence Iverson & Larry Karp, 2021. "Carbon Taxes and Climate Commitment with Non-constant Time Preference," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(2), pages 764-799.
    6. Christian Traeger, 2014. "A 4-Stated DICE: Quantitatively Addressing Uncertainty Effects in Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 59(1), pages 1-37, September.
    7. Hess, Joshua H. & Manning, Dale T. & Iverson, Terry & Cutler, Harvey, 2019. "Uncertainty, learning, and local opposition to hydraulic fracturing," Resource and Energy Economics, Elsevier, vol. 55(C), pages 102-123.
    8. Heutel, Garth & Moreno-Cruz, Juan & Shayegh, Soheil, 2018. "Solar geoengineering, uncertainty, and the price of carbon," Journal of Environmental Economics and Management, Elsevier, vol. 87(C), pages 24-41.
    9. Marc N. Conte & David L. Kelly, 2016. "An Imperfect Storm: Fat-Tailed Hurricane Damages, Insurance and Climate Policy," Working Papers 2016-01, University of Miami, Department of Economics.
    10. Barbara Annicchiarico & Stefano Carattini & Carolyn Fischer & Garth Heutel, 2022. "Business Cycles and Environmental Policy: A Primer," Environmental and Energy Policy and the Economy, University of Chicago Press, vol. 3(1), pages 221-253.
    11. In Chang Hwang & Richard S. J. Tol & Marjan W. Hofkes, 2019. "Active Learning and Optimal Climate Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 1237-1264, August.
    12. Lemoine, Derek & Traeger, Christian P., 2016. "Ambiguous tipping points," Journal of Economic Behavior & Organization, Elsevier, vol. 132(PB), pages 5-18.
    13. In Chang Hwang, 2017. "A Recursive Method for Solving a Climate–Economy Model: Value Function Iterations with Logarithmic Approximations," Computational Economics, Springer;Society for Computational Economics, vol. 50(1), pages 95-110, June.
    14. Hwang, In Chang & Reynès, Frédéric & Tol, Richard S.J., 2017. "The effect of learning on climate policy under fat-tailed risk," Resource and Energy Economics, Elsevier, vol. 48(C), pages 1-18.
    15. Ahlvik, Lassi & Iho, Antti, 2018. "Optimal geoengineering experiments," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 148-168.
    16. Florian Habermacher & Paul Lehmann, 2020. "Commitment Versus Discretion in Climate and Energy Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(1), pages 39-67, May.
    17. Olijslagers, Stan & van der Ploeg, Frederick & van Wijnbergen, Sweder, 2023. "On current and future carbon prices in a risky world," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    18. Jensen, Svenn & Traeger, Christian P., 2014. "Optimal climate change mitigation under long-term growth uncertainty: Stochastic integrated assessment and analytic findings," European Economic Review, Elsevier, vol. 69(C), pages 104-125.
    19. Christian Traeger, 2015. "Closed-Form Integrated Assessment and Uncertainty," CESifo Working Paper Series 5464, CESifo.
    20. Ivan Rudik & Derek Lemoine & Maxwell Rosenthal, 2018. "General Bayesian Learning in Dynamic Stochastic Models: Estimating the Value of Science Policy," 2018 Meeting Papers 369, Society for Economic Dynamics.
    21. Christoph Hambel & Frederick Van Der Ploeg, 2025. "Policy Transition Risk, Carbon Premiums, and Asset Prices," Economics Series Working Papers 1075, University of Oxford, Department of Economics.
    22. Lee, Sangjun & Zhao, Jinhua, 2021. "Adaptation to climate change: Extreme events versus gradual changes," Journal of Economic Dynamics and Control, Elsevier, vol. 133(C).
    23. Svenn Jensen & Christian P. Traeger & Christian Träger, 2021. "Pricing Climate Risk," CESifo Working Paper Series 9196, CESifo.
    24. Onur Sapci, 2021. "The impact of environmental economics class on college students` future temperature expectations," Economics Bulletin, AccessEcon, vol. 41(3), pages 1887-1897.
    25. Conte, Marc N. & Kelly, David L., 2018. "An imperfect storm: Fat-tailed tropical cyclone damages, insurance, and climate policy," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 677-706.
    26. Held, Hermann, 2020. "Cost Risk Analysisː How Robust Is It in View of Weitzman's Dismal Theorem and Undetermined Risk Functions?," WiSo-HH Working Paper Series 55, University of Hamburg, Faculty of Business, Economics and Social Sciences, WISO Research Laboratory.
    27. Shi, Beibei & Jiang, Lisha & Bao, Rui & Zhang, Ziqing & Kang, YuanQi, 2023. "The impact of insurance on pollution emissions: Evidence from China's environmental pollution liability insurance," Economic Modelling, Elsevier, vol. 121(C).
    28. Paul M. Lohmann & Andreas Kontoleon, 2023. "Do Flood and Heatwave Experiences Shape Climate Opinion? Causal Evidence from Flooding and Heatwaves in England and Wales," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 86(1), pages 263-304, October.
    29. Baker, Erin & Olaleye, Olaitan & Aleluia Reis, Lara, 2015. "Decision frameworks and the investment in R&D," Energy Policy, Elsevier, vol. 80(C), pages 275-285.
    30. Karp, Larry & Rezai, Armon, 2017. "Asset prices and climate policy," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt6fx579fp, Department of Agricultural & Resource Economics, UC Berkeley.
    31. Florian Habermacher & Paul Lehmann, 2017. "Commitment vs. Discretion in Climate and Energy Policy," CESifo Working Paper Series 6355, CESifo.
    32. Ekholm, Tommi, 2018. "Climatic Cost-benefit Analysis Under Uncertainty and Learning on Climate Sensitivity and Damages," Ecological Economics, Elsevier, vol. 154(C), pages 99-106.

  9. Boleslavsky, Raphael & Kelly, David L., 2014. "Dynamic regulation design without payments: The importance of timing," Journal of Public Economics, Elsevier, vol. 120(C), pages 169-180.

    Cited by:

    1. Dietrich Earnhart & Sarah Jacobson & Yusuke Kuwayama & Richard T. Woodward, 2019. "Discretionary Exemptions from Environmental Regulation: Flexibility for Good or for Ill," Department of Economics Working Papers 2019-11, Department of Economics, Williams College.

  10. Kelly, David L. & Letson, David & Nelson, Forrest & Nolan, David S. & Solís, Daniel, 2012. "Evolution of subjective hurricane risk perceptions: A Bayesian approach," Journal of Economic Behavior & Organization, Elsevier, vol. 81(2), pages 644-663.
    See citations under working paper version above.
  11. Bajona, Claustre & Kelly, David L., 2012. "Trade and the environment with pre-existing subsidies: A dynamic general equilibrium analysis," Journal of Environmental Economics and Management, Elsevier, vol. 64(2), pages 253-278.
    See citations under working paper version above.
  12. Bartz, Sherry & Kelly, David L., 2008. "Economic growth and the environment: Theory and facts," Resource and Energy Economics, Elsevier, vol. 30(2), pages 115-149, May.

    Cited by:

    1. Richard S. J. Tol & In Chang Hwang & Frédéric Reynès, 2012. "The Effect of Learning on Climate Policy under Fat-tailed Uncertainty," Working Paper Series 5312, Department of Economics, University of Sussex Business School.
    2. Garth Heutel, 2011. "Online Appendix to "How Should Environmental Policy Respond to Business Cycles? Optimal Policy under Persistent Productivity Shocks"," Online Appendices 10-62, Review of Economic Dynamics.
    3. Arbex, Marcelo & Perobelli, Fernando S., 2010. "Solow meets Leontief: Economic growth and energy consumption," Energy Economics, Elsevier, vol. 32(1), pages 43-53, January.
    4. Garth Heutel, 2011. "How Should Environmental Policy Respond to Business Cycles? Optimal Policy under Persistent Productivity Shocks," UNCG Economics Working Papers 11-8, University of North Carolina at Greensboro, Department of Economics.
    5. Shibing You & Bi Wu & Ping Shen, 2015. "Government factors that influence the relevance between environmental and economic growth," Annals of Operations Research, Springer, vol. 228(1), pages 35-45, May.
    6. Linna Chen & Shiyi Chen, 2015. "The Estimation of Environmental Kuznets Curve in China: Nonparametric Panel Approach," Computational Economics, Springer;Society for Computational Economics, vol. 46(3), pages 405-420, October.
    7. Kelly, David L. & Tan, Zhuo, 2015. "Learning and climate feedbacks: Optimal climate insurance and fat tails," Journal of Environmental Economics and Management, Elsevier, vol. 72(C), pages 98-122.
    8. Dmitry A. Ruban & Natalia N. Yashalova, 2022. "Pro-environmental behavior prescribed by top companies of the world," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(6), pages 7918-7935, June.
    9. Annicchiarico, Barbara & Di Dio, Fabio, 2015. "Environmental policy and macroeconomic dynamics in a new Keynesian model," Journal of Environmental Economics and Management, Elsevier, vol. 69(C), pages 1-21.
    10. David Kelly, 2009. "Subsidies to Industry and the Environment," NBER Working Papers 14999, National Bureau of Economic Research, Inc.
    11. Arman, Michael & Zuo, Jian & Wilson, Lou & Zillante, George & Pullen, Stephen, 2009. "Challenges of responding to sustainability with implications for affordable housing," Ecological Economics, Elsevier, vol. 68(12), pages 3034-3041, October.
    12. Jin, Wei & Zhang, ZhongXiang, "undated". "Capital Accumulation, GreeParadox, and Stranded Assets: An Endogenous Growth Perspective," ETA: Economic Theory and Applications 281286, Fondazione Eni Enrico Mattei (FEEM).
    13. Hwang, In Chang & Reynès, Frédéric & Tol, Richard S.J., 2017. "The effect of learning on climate policy under fat-tailed risk," Resource and Energy Economics, Elsevier, vol. 48(C), pages 1-18.
    14. Steven Lugauer & Richard Jensen & Clayton Sadler, 2014. "An Estimate Of The Age Distribution'S Effect On Carbon Dioxide Emissions," Economic Inquiry, Western Economic Association International, vol. 52(2), pages 914-929, April.
    15. Jin, Wei & Shi, Xunpeng & Zhang, Lin, 2021. "Energy transition without dirty capital stranding," Energy Economics, Elsevier, vol. 102(C).
    16. Bhattacharyya, Chandril & Ranjan Gupta, Manash, 2021. "Unionised labour market, environment and endogenous growth," International Review of Economics & Finance, Elsevier, vol. 72(C), pages 29-44.
    17. Jin, Wei & Zhang, ZhongXiang, "undated". "China’s Pursuit of Environmentally Sustainable Development: Harnessing the New Engine of Technological Innovation," EIA: Climate Change: Economic Impacts and Adaptation 232926, Fondazione Eni Enrico Mattei (FEEM).
    18. Du, Limin & Wei, Chu & Cai, Shenghua, 2012. "Economic development and carbon dioxide emissions in China: Provincial panel data analysis," China Economic Review, Elsevier, vol. 23(2), pages 371-384.
    19. Carlos A. Flores & Alfonso Flores-Lagunes & Dimitrios Kapetanakis, 2009. "Lessons from Quantile Panel Estimation of the Environmental Kuznets Curve," Working Papers 2010-4, University of Miami, Department of Economics.
    20. Ding, Zhanwen & Wang, Shuxun & Jiang, Shumin, 2013. "Research on a dynamics with bounded rationality for high-carbon and low-carbon energy economic system," Economic Modelling, Elsevier, vol. 33(C), pages 375-380.
    21. Zhang, Jinping & Xiao, Honglin & Li, Jiayi & Shi, Xixi, 2021. "Study on the cointegration relationship between water supply and demand in the irrigation district with structural breaks," Agricultural Water Management, Elsevier, vol. 258(C).
    22. D. Dragone & L. Lambertini & A. Palestini, 2011. "Regulating Environmental Externalities through Public Firms: A Differential Game," Working Papers wp738, Dipartimento Scienze Economiche, Universita' di Bologna.
    23. L. Lambertini, 2014. "On the Interplay between Resource Extraction and Polluting Emissions in Oligopoly," Working Papers wp976, Dipartimento Scienze Economiche, Universita' di Bologna.
    24. Domingo Nevado-Peña & Víctor-Raúl López-Ruiz & José-Luis Alfaro-Navarro, 2015. "The Effects of Environmental and Social Dimensions of Sustainability in Response to the Economic Crisis of European Cities," Sustainability, MDPI, vol. 7(7), pages 1-15, June.
    25. Jin, Wei & van der Ploeg, Frederick & Zhang, Lin, 2024. "How clean capital slows down disinvestment of carbon-intensive capital in the low-carbon transition," Journal of Economic Dynamics and Control, Elsevier, vol. 162(C).
    26. Lucia Domaracká & Marcela Taušová & Katarína Čulková & Peter Tauš & Peter Gomboš, 2023. "Development of Greenhouse Gas Emission and Evaluation of Carbon Resource Use in Chosen EU Countries," Energies, MDPI, vol. 16(3), pages 1-17, January.
    27. Simone Marsiglio & Davide Torre, 2018. "Economic growth and abatement activities in a stochastic environment: a multi-objective approach," Annals of Operations Research, Springer, vol. 267(1), pages 321-334, August.
    28. Ming-Chieh Wang & Chang-Sheng Wang, 2018. "Tourism, the environment, and energy policies," Tourism Economics, , vol. 24(7), pages 821-838, November.
    29. Alberto Ansuategi & Simone Marsiglio, 2017. "Is Environmental Protection Beneficial for the Environment?," Review of Development Economics, Wiley Blackwell, vol. 21(3), pages 786-802, August.
    30. La Torre, Davide & Liuzzi, Danilo & Marsiglio, Simone, 2015. "Pollution diffusion and abatement activities across space and over time," Mathematical Social Sciences, Elsevier, vol. 78(C), pages 48-63.
    31. Garth Heutel & David L. Kelly, 2016. "Incidence, Environmental, and Welfare Effects of Distortionary Subsidies," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(2), pages 361-415.
    32. Jaime Alonso-Carrera & Carlos Miguel & Baltasar Manzano, 2019. "Economic Growth and Environmental Degradation When Preferences are Non-homothetic," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(3), pages 1011-1036, November.

  13. David Kelly & Stephen LeRoy, 2007. "Liquidity and Liquidation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 31(3), pages 553-572, June.
    See citations under working paper version above.
  14. Kelly, David L., 2005. "Price and quantity regulation in general equilibrium," Journal of Economic Theory, Elsevier, vol. 125(1), pages 36-60, November.

    Cited by:

    1. John Parsons & Luca Taschini, 2013. "The Role of Stocks and Shocks Concepts in the Debate Over Price Versus Quantity," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 55(1), pages 71-86, May.
    2. Garth Heutel, 2011. "Online Appendix to "How Should Environmental Policy Respond to Business Cycles? Optimal Policy under Persistent Productivity Shocks"," Online Appendices 10-62, Review of Economic Dynamics.
    3. James, Hui Liang & Borah, Nilakshi & Lirely, Roger, 2022. "The effectiveness of board independence in high-discretion firms," The Quarterly Review of Economics and Finance, Elsevier, vol. 85(C), pages 103-117.
    4. Garth Heutel, 2011. "How Should Environmental Policy Respond to Business Cycles? Optimal Policy under Persistent Productivity Shocks," UNCG Economics Working Papers 11-8, University of North Carolina at Greensboro, Department of Economics.
    5. Martin L. Weitzman, 2020. "Prices or Quantities Can Dominate Banking and Borrowing," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(2), pages 437-463, April.
    6. Fried, Stephie & Novan, Kevin & Peterman, William B., 2022. "Climate policy transition risk and the macroeconomy," European Economic Review, Elsevier, vol. 147(C).
    7. Yuri Yatsenko, 2009. "Price vs. Quantity Regulation and Technological Modernization," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 8(3), pages 255-258, December.
    8. Marius Sorin DINCA, 2022. "Using the Relation Between Quantity, Cost and Price to Increase Company Profit under Existing Production Capacity," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 54-60.
    9. Benson, Bradley W. & Chen, Yu & James, Hui L. & Park, Jung Chul, 2020. "So far away from me: Firm location and the managerial ownership effect on firm value," Journal of Corporate Finance, Elsevier, vol. 64(C).
    10. Christian Traeger, 2014. "A 4-Stated DICE: Quantitatively Addressing Uncertainty Effects in Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 59(1), pages 1-37, September.
    11. Annicchiarico, Barbara & Di Dio, Fabio, 2015. "Environmental policy and macroeconomic dynamics in a new Keynesian model," Journal of Environmental Economics and Management, Elsevier, vol. 69(C), pages 1-21.
    12. Assoc. Prof. Marius Sorin Dincă Ph. D, Lecturer Gheorghița Dincă Ph. D, 2011. "Usingindexes Inthe Complex Analysis Of Sales Turnover," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 4(39), pages 193-202, May.
    13. Blanz, Alkis & Eydam, Ulrich & Heinemann, Maik & Kalkuhl, Matthias, 2025. "Market-based climate policy with fluctuating fossil energy prices," Economic Modelling, Elsevier, vol. 144(C).
    14. Ramezani, Fariba & Harvie, Charles & Arjomandi, Amir, 2016. "Australian Emissions Reduction Subsidy Policy under Persistent Productivity Shocks," 2016 Conference (60th), February 2-5, 2016, Canberra, Australia 235585, Australian Agricultural and Resource Economics Society.
    15. Dongmei Guo & Yi Hu & Bingjie Zhang, 2014. "Carbon Market Regulation Mechanism Research Based on Carbon Accumulation Model with Jump Diffusion," Discrete Dynamics in Nature and Society, Hindawi, vol. 2014, pages 1-7, May.
    16. Zhe Li & Shouyong Shi, 2010. "Emission Tax or Standard? The Role of Productivity Dispersion," Working Papers tecipa-409, University of Toronto, Department of Economics.
    17. Yazid Dissou & Lilia Karnizova, 2012. "Emissions Cap or Emissions Tax? A Multi-sector Business Cycle Analysis," Working Papers 1210E, University of Ottawa, Department of Economics.
    18. Barbara Annicchiarico & Francesca Diluiso, 2017. "International Transmission of the Business Cycle and Environmental Policy," CEIS Research Paper 423, Tor Vergata University, CEIS, revised 19 Dec 2017.
    19. James, Hui Liang & Ngo, Thanh & Wang, Hongxia, 2021. "Independent director tenure and corporate transparency," The North American Journal of Economics and Finance, Elsevier, vol. 57(C).
    20. Barbara Annicchiarico & Marco Carli & Francesca Diluiso, 2022. "Climate Policies, Macroprudential Regulation, and the Welfare Cost of Business Cycles," CEIS Research Paper 543, Tor Vergata University, CEIS, revised 31 Oct 2022.
    21. Traeger, Christian P., 2012. "Why uncertainty matters - discounting under intertemporal risk aversion and ambiguity," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2w614303, Department of Agricultural & Resource Economics, UC Berkeley.
    22. Jensen, Svenn & Traeger, Christian P., 2014. "Optimal climate change mitigation under long-term growth uncertainty: Stochastic integrated assessment and analytic findings," European Economic Review, Elsevier, vol. 69(C), pages 104-125.
    23. Barbara Annicchiarico & Fabio Di Dio, 2017. "GHG Emissions Control and Monetary Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(4), pages 823-851, August.
    24. Lintunen, Jussi & Vilmi, Lauri, 2013. "On optimal emission control: Taxes, substitution and business cycles," Bank of Finland Research Discussion Papers 24/2013, Bank of Finland.
    25. Dongmei Guo & Shouyang Wang & Lin Zhao, 2020. "More Stringent Cap or Higher Penalty Fee? Dealing with Procrastination in Environmental Protection," Annals of Economics and Finance, Society for AEF, vol. 21(1), pages 41-69, May.
    26. Soojin Jo & Lilia Karnizova, 2021. "Energy Efficiency and Fluctuations in CO2 Emissions," Working Papers 2107E, University of Ottawa, Department of Economics.
    27. Tang, Bao-Jun & Wang, Xiang-Yu & Wei, Yi-Ming, 2019. "Quantities versus prices for best social welfare in carbon reduction: A literature review," Applied Energy, Elsevier, vol. 233, pages 554-564.
    28. Shouyong Shi & Zhe Li, 2010. "Emission Tax or Standard: The Roles of Productivity Dispersion and Abatement," 2010 Meeting Papers 587, Society for Economic Dynamics.
    29. Larry S. Karp & Christian P. Traeger, 2018. "Taxes Versus Quantities Reassessed," CESifo Working Paper Series 7331, CESifo.
    30. Shagun Tripathi & Georgios Petropoulos & Harris Kyriakou, 2025. "Assessing the Impact of Algorithmic Quantity Regulations on Sharing Platforms: Evidence from Airbnb in Paris," CESifo Working Paper Series 11811, CESifo.

  15. David L. Kelly & Stephen F. LeRoy, 2005. "Liquidity and fire sales," Proceedings, Board of Governors of the Federal Reserve System (U.S.), pages 249-270.

    Cited by:

    1. Badea Irina - Raluca, 2015. "Hrm - Well-Being At Work Relation. A Case Study," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 146-154, August.
    2. Hamed Ghiaie, 2018. "Shadow Bank run, Housing and Credit Market: The Story of a Recession," THEMA Working Papers 2018-01, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.

  16. Kelly, David L. & Kolstad, Charles D. & Mitchell, Glenn T., 2005. "Adjustment costs from environmental change," Journal of Environmental Economics and Management, Elsevier, vol. 50(3), pages 468-495, November.

    Cited by:

    1. Mérel, Pierre & Paroissien, Emmanuel & Gammans, Matthew, 2024. "Sufficient statistics for climate change counterfactuals," Journal of Environmental Economics and Management, Elsevier, vol. 124(C).
    2. Lee, Jaehyuk & Nadolnyak, Denis A., 2012. "The Impacts of Climate Change on Agricultural Farm Profits in the U.S," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124801, Agricultural and Applied Economics Association.
    3. Mérel, Pierre & Gammans, Matthew, "undated". "Climate econometrics: Can the panel approach account for long-run adaptation?," 2018 Annual Meeting, August 5-7, Washington, D.C. 274399, Agricultural and Applied Economics Association.
    4. Ares, J.O., 2007. "Systems valuing of natural capital and investment in extensive pastoral systems: Lessons from the Patagonian case," Ecological Economics, Elsevier, vol. 62(1), pages 162-173, April.
    5. Maximilian Auffhammer & Solomon M. Hsiang & Wolfram Schlenker & Adam Sobel, 2013. "Using Weather Data and Climate Model Output in Economic Analyses of Climate Change," NBER Working Papers 19087, National Bureau of Economic Research, Inc.
    6. Zhengtao Li & Bin Hu, 2025. "Temperature Effects on People’s Subjective Well-Being and Their Subjective Adaptation: Empirical Evidence from China," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 177(3), pages 1081-1112, April.
    7. McCarl, Bruce A. & Attavanich, Witsanu & Musumba, Mark & Mu, Jianhong E. & Aisabokhae, Ruth, 2011. "Land Use and Climate Change," MPRA Paper 83993, University Library of Munich, Germany, revised 2014.
    8. Ji, Xinde & Cobourn, Kelly M. & Weng, Weizhe, "undated". "The Effect of Climate Change on Irrigated Agriculture: Water-Temperature Interactions and Adaptation in the Western U.S," 2018 Annual Meeting, August 5-7, Washington, D.C. 274306, Agricultural and Applied Economics Association.
    9. Xiaomeng Cui & Wei Xie, 2022. "Adapting Agriculture to Climate Change through Growing Season Adjustments: Evidence from Corn in China," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(1), pages 249-272, January.
    10. Gawith, David & Hodge, Ian & Morgan, Fraser & Daigneault, Adam, 2020. "Climate change costs more than we think because people adapt less than we assume," Ecological Economics, Elsevier, vol. 173(C).
    11. Alvarado, E. & Ibanez, M. & Brummer, B., 2018. "Understanding how risk preferences and social capital affect farmers’ behavior to anticipatory and reactive adaptation options to climate change: the case of vineyard farmers in central Chile," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 275978, International Association of Agricultural Economists.
    12. Seo, Niggol & Mendelsohn, Robert, 2007. "A Ricardian analysis of the impact of climate change on Latin American farms," Policy Research Working Paper Series 4163, The World Bank.
    13. Mu, Jianhong E. & Mihiar, Christopher & Lewis, David J. & Sleeter, Benjamin & Abatzoglou, John T., 2016. "An Empirical Analysis of Climate Uncertainty and Land-use Transitions in the U.S. Pacific and Mountain Regions," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236643, Agricultural and Applied Economics Association.
    14. Derek Lemoine, 2017. "Expect Above Average Temperatures: Identifying the Economic Impacts of Climate Change," NBER Working Papers 23549, National Bureau of Economic Research, Inc.
    15. Antony Millner & Simon Dietz, 2011. "Adaptation to climate change and economic growth in developing countries," GRI Working Papers 60, Grantham Research Institute on Climate Change and the Environment.
    16. Wang, Jinxia & Mendelsohn, Robert & Dinar, Ariel & Huang, Jikun & Rozelle, Scott & Zhang, Lijuan, 2008. "Can China continue feeding itself ? the impact of climate change on agriculture," Policy Research Working Paper Series 4470, The World Bank.
    17. Jesse Tack & David Ubilava, 2013. "The effect of El Niño Southern Oscillation on U.S. corn production and downside risk," Climatic Change, Springer, vol. 121(4), pages 689-700, December.
    18. Farnaz Pourzand & Kendom Bell, 2021. "How climate affects agricultural land values in Aotearoa New Zealand," Motu Working Papers 21_16, Motu Economic and Public Policy Research.
    19. Seo, Sungno Niggol & Mendelsohn, Robert, 2007. "Climate change adaptation in Africa : a microeconomic analysis of livestock choice," Policy Research Working Paper Series 4277, The World Bank.
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    26. Deschenes, Olivier & Greenstone, Michael, 2004. "The Economic Impacts of Climate Change: Evidence from Agricultural Profits and Random Fluctuations in Weather," University of California at Santa Barbara, Economics Working Paper Series qt6w7242cj, Department of Economics, UC Santa Barbara.
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    45. Potter, Nicholas & Brady, Michael P. & Rajagopalan, Kirti, "undated". "Using Climate Analogues to Obtain a Causal Estimate of the Impact of Climate on Agricultural Productivity," 2018 Annual Meeting, August 5-7, Washington, D.C. 274347, Agricultural and Applied Economics Association.
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    57. Luis Guillermo Becerra-Valbuena, 2021. "Droughts and Agricultural Adaptation to Climate Change," Working Papers halshs-03420657, HAL.
    58. Trinh Nguyen Chau & Frank Scrimgeour, 2023. "Will climate change jeopardize the Vietnamese target of maintaining farmland for food security? A fractional multinomial logit analysis of land use choice," Agricultural Economics, International Association of Agricultural Economists, vol. 54(4), pages 570-587, July.
    59. Ulrike Meinel & Ralf Schüle, 2018. "The Difficulty of Climate Change Adaptation in Manufacturing Firms: Developing an Action-Theoretical Perspective on the Causality of Adaptive Inaction," Sustainability, MDPI, vol. 10(2), pages 1-16, February.
    60. Xun Su & Minpeng Chen, 2022. "Econometric Approaches That Consider Farmers’ Adaptation in Estimating the Impacts of Climate Change on Agriculture: A Review," Sustainability, MDPI, vol. 14(21), pages 1-23, October.
    61. Frijters, Paul & Lalji, Chitwan & Pakrashi, Debayan, 2020. "Daily weather only has small effects on wellbeing in the US," Journal of Economic Behavior & Organization, Elsevier, vol. 176(C), pages 747-762.
    62. Altvater, Susanne & de Block, Debora & Bouwma, Irene & Dworak, Thomas & Frelih-Larsen, Ana & Görlach, Benjamin & Hermeling, Claudia & Klostermann, Judith & König, Martin & Leitner, Markus & Marinova, , 2012. "Adaptation measures in the EU: Policies, costs, and economic assessment. "Climate Proofing" of key EU policies," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 110558.
    63. Gammans, Matthew & Mérel, Pierre & Paroissien, Emmanuel, 2020. "Reckoning climate change damages along an envelope," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304475, Agricultural and Applied Economics Association.
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    65. De Salvo, Maria & Raffaelli, Roberta & Moser, Riccarda, 2013. "The impact of climate change on permanent crops in an Alpine region: A Ricardian analysis," Agricultural Systems, Elsevier, vol. 118(C), pages 23-32.
    66. Zeilinger, Julian & Niedermayr, Andreas & Quddoos, Abdul & Kantelhardt, Jochen, 2021. "Identifying the Extent of Farm-Level Climate Change Adaptation," 2021 Conference, August 17-31, 2021, Virtual 315233, International Association of Agricultural Economists.
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    68. Günter Lang, 2001. "Global Warming and German Agriculture Impact Estimations Using a Restricted Profit Function," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(2), pages 97-112, June.
    69. Frances C. Moore, 2017. "Learning, Adaptation, And Weather In A Changing Climate," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 8(04), pages 1-21, November.
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    74. Sandy Dall'Erba & Zhangliang Chen & Noé J. Nava, 2021. "U.S. Interstate Trade Will Mitigate the Negative Impact of Climate Change on Crop Profit," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(5), pages 1720-1741, October.
    75. Conte, Marc N. & Kelly, David L., 2018. "An imperfect storm: Fat-tailed tropical cyclone damages, insurance, and climate policy," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 677-706.
    76. Ahlvik, Lassi & Hyytiäinen, Kari, 2015. "Value of adaptation in water protection — Economic impacts of uncertain climate change in the Baltic Sea," Ecological Economics, Elsevier, vol. 116(C), pages 231-240.
    77. Alpizar, Francisco & Carlsson, Fredrik & Naranjo, Maria A., 2011. "The effect of ambiguous risk, and coordination on farmers' adaptation to climate change — A framed field experiment," Ecological Economics, Elsevier, vol. 70(12), pages 2317-2326.
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    79. Olivier Deschenes & Charles Kolstad, 2011. "Economic impacts of climate change on California agriculture," Climatic Change, Springer, vol. 109(1), pages 365-386, December.
    80. Beilei Cai & Trudy Cameron & Geoffrey Gerdes, 2010. "Distributional Preferences and the Incidence of Costs and Benefits in Climate Change Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(4), pages 429-458, August.
    81. Barnabé Walheer, 2024. "Agro-Climatic Environment Heterogeneity and Productivity Convergence," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 22(4), pages 1001-1037, December.
    82. Seo, S. Niggol & Mendelsohn, Robert & Dinar, Ariel & Kurukulasuriya, Pradeep, 2008. "Differential adaptation strategies by agro-ecological zones in African livestock management," Policy Research Working Paper Series 4601, The World Bank.
    83. R. P. Dayani Gunathilaka & James C. R. Smart & Christopher M. Fleming, 2017. "The impact of changing climate on perennial crops: the case of tea production in Sri Lanka," Climatic Change, Springer, vol. 140(3), pages 577-592, February.
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  17. Kelly David L. & Steigerwald Douglas G, 2004. "Private Information and High-Frequency Stochastic Volatility," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 8(1), pages 1-30, March.
    See citations under working paper version above.
  18. Kelly, David L., 2003. "On environmental Kuznets curves arising from stock externalities," Journal of Economic Dynamics and Control, Elsevier, vol. 27(8), pages 1367-1390, June.

    Cited by:

    1. Managi, Shunsuke, 2006. "Are there increasing returns to pollution abatement? Empirical analytics of the Environmental Kuznets Curve in pesticides," Ecological Economics, Elsevier, vol. 58(3), pages 617-636, June.
    2. J., AZNAR-MARQUEZ & José Ramon, RUIZ-TAMARIT, 2005. "Non Catastrophic Endogenous Growth with Pollution and Abatment," Discussion Papers (ECON - Département des Sciences Economiques) 2005002, Université catholique de Louvain, Département des Sciences Economiques.
    3. J. Aznar-Márquez & J. R. Ruiz-Tamarit, "undated". "Non-Catastrophic Endogenous Growth and the Environmental Kuznets Curve," Working Papers 2004-15, FEDEA.
    4. Carlo Carraro & Barbara Buchner, 2004. "Economic and Environmental Effectiveness of a Technology-based Climate Protocol," Working Papers 2004.61, Fondazione Eni Enrico Mattei.
    5. Bartz, Sherry & Kelly, David L., 2008. "Economic growth and the environment: Theory and facts," Resource and Energy Economics, Elsevier, vol. 30(2), pages 115-149, May.
    6. Luiz Fernando Ohara Kamogawa & Ricardo Shirota, 2011. "Economic growth, energyconsumption and emissions: an extension of Ramsey-Cass-Koopmans modelunder EKC hypothesis," Anais do XXXVII Encontro Nacional de Economia [Proceedings of the 37th Brazilian Economics Meeting] 187, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    7. Esteve, Vicente & Tamarit, Cecilio, 2012. "Threshold cointegration and nonlinear adjustment between CO2 and income: The Environmental Kuznets Curve in Spain, 1857–2007," Energy Economics, Elsevier, vol. 34(6), pages 2148-2156.
    8. Annicchiarico, Barbara & Di Dio, Fabio, 2015. "Environmental policy and macroeconomic dynamics in a new Keynesian model," Journal of Environmental Economics and Management, Elsevier, vol. 69(C), pages 1-21.
    9. J., AZNAR-MARQUEZ & Jose-Ramon, RUIZ-TAMARIT, 2005. "Demographic Transition Environmental Concern and the Kuznets Curve," Discussion Papers (ECON - Département des Sciences Economiques) 2005001, Université catholique de Louvain, Département des Sciences Economiques.
    10. Debra Israel & Arik Levinson, 2002. "Willingness to Pay for Environmental Quality: Testable Empirical Implications of the Growth and Environment Literature," Working Papers gueconwpa~02-02-09, Georgetown University, Department of Economics.
    11. Francisco Alvarez & Gustavo A. Marrero & Luis A. Puch, "undated". "Air pollution and the macroeconomy across European countries," Working Papers 2005-10, FEDEA.
    12. Virginia CIOBOTARU & Oana Catalina TAPURICA, 2011. "ANALYZING THE CONNEXIONS BETWEEN ECONOMIC DEVELOPMENT AND ENVIRONMENTAL COMPLIANCe: AN INTEGRATED APPROACH," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 3(4), pages 15-22, December.
    13. Christoph Lieb, 2004. "The Environmental Kuznets Curve and Flow versus Stock Pollution: The Neglect of Future Damages," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 29(4), pages 483-506, December.
    14. Amandine GNONLONFIN & Yusuf KOCOGLU & Nicolas PÉRIDY, 2017. "Municipal Solid Waste and Development:The Environmental Kuznets Curve Evidence for Mediterranean Countries," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 45, pages 113-130.
    15. Santiago J. Rubio, Jose L. Garcia and Jose L. Hueso, 2009. "Neoclassical Growth, Environment and Technological Change: The Environmental Kuznets Curve," The Energy Journal, International Association for Energy Economics, vol. 0(Special I).
    16. Carlos A. Flores & Alfonso Flores-Lagunes & Dimitrios Kapetanakis, 2009. "Lessons from Quantile Panel Estimation of the Environmental Kuznets Curve," Working Papers 2010-4, University of Miami, Department of Economics.
    17. Rafael Morales-Lage & Aurelia Bengochea-Morancho & Inmaculada Martínez-Zarzoso, 2016. "The determinants of CO2 emissions: evidence from European countries," Working Papers 2016/04, Economics Department, Universitat Jaume I, Castellón (Spain).
    18. Buehn, Andreas & Farzanegan, Mohammad Reza, 2013. "Hold your breath: A new index of air pollution," Energy Economics, Elsevier, vol. 37(C), pages 104-113.
    19. A. Bühn & M.R. Farzanega, 2011. "Hold Your Breath: A New Index of Air Quality," Working Papers 11-24, Utrecht School of Economics.
    20. Mohammad Reza Farzanegan & Tim Mennel, 2012. "Fiscal decentralization and Pollution: Institutions Matter," MAGKS Papers on Economics 201222, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    21. Alberto Ansuategi & Simone Marsiglio, 2017. "Is Environmental Protection Beneficial for the Environment?," Review of Development Economics, Wiley Blackwell, vol. 21(3), pages 786-802, August.
    22. Kijima, Masaaki & Nishide, Katsumasa & Ohyama, Atsuyuki, 2010. "Economic models for the environmental Kuznets curve: A survey," Journal of Economic Dynamics and Control, Elsevier, vol. 34(7), pages 1187-1201, July.
    23. Juana AZNAR-MARQUEZ & Jose-Ramon RUIZ-TAMARIT, 2012. "Sufficient and Necessary Conditions for Non-Catastrophic Growth," LIDAM Discussion Papers IRES 2012027, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    24. La Torre, Davide & Liuzzi, Danilo & Marsiglio, Simone, 2015. "Pollution diffusion and abatement activities across space and over time," Mathematical Social Sciences, Elsevier, vol. 78(C), pages 48-63.
    25. Paul Evans & Ji Uk Kim, 2016. "Convergence analysis as spatial dynamic panel regression and distribution dynamics of $$\hbox {CO}_{2}$$ CO 2 emissions in Asian countries," Empirical Economics, Springer, vol. 50(3), pages 729-751, May.
    26. Figueroa, Eugenio & Pastén, Roberto, 2015. "Beyond additive preferences: Economic behavior and the income pollution path," Resource and Energy Economics, Elsevier, vol. 41(C), pages 91-102.
    27. Aznar-Márquez, J. & Ruiz-Tamarit, J.R., 2016. "Environmental pollution, sustained growth, and sufficient conditions for sustainable development," Economic Modelling, Elsevier, vol. 54(C), pages 439-449.

  19. Kelly, David L & Kolstad, Charles D, 2001. "Solving Infinite Horizon Growth Models with an Environmental Sector," Computational Economics, Springer;Society for Computational Economics, vol. 18(2), pages 217-231, October.
    See citations under working paper version above.
  20. Kelly, David L. & Kolstad, Charles D., 2001. "Malthus and Climate Change: Betting on a Stable Population," Journal of Environmental Economics and Management, Elsevier, vol. 41(2), pages 135-161, March.
    See citations under working paper version above.
  21. Kelly, David L. & Shorish, Jamsheed, 2000. "Stability of Functional Rational Expectations Equilibria," Journal of Economic Theory, Elsevier, vol. 95(2), pages 215-250, December.

    Cited by:

    1. Jamsheed Shorish, 2010. "Functional rational expectations equilibria in market games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 43(3), pages 351-376, June.
    2. Eungsik Kim & Stephen E. Spear, 2021. "Determinate perfect foresight forecasting in overlapping generations models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(2), pages 505-531, March.

  22. Kelly, David L. & Kolstad, Charles D., 1999. "Bayesian learning, growth, and pollution," Journal of Economic Dynamics and Control, Elsevier, vol. 23(4), pages 491-518, February.

    Cited by:

    1. Richard S. J. Tol & In Chang Hwang & Frédéric Reynès, 2012. "The Effect of Learning on Climate Policy under Fat-tailed Uncertainty," Working Paper Series 5312, Department of Economics, University of Sussex Business School.
    2. Aleksandar Arandjelovi'c & Pavel V. Shevchenko & Tomoko Matsui & Daisuke Murakami & Tor A. Myrvoll, 2024. "Solving stochastic climate-economy models: A deep least-squares Monte Carlo approach," Papers 2408.09642, arXiv.org.
    3. Steve Newbold & Charles Griffiths & Christopher C. Moore & Ann Wolverton & Elizabeth Kopits, 2010. "The "Social Cost of Carbon" Made Simple," NCEE Working Paper Series 201007, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Aug 2010.
    4. McKitrick, Ross, 2011. "A simple state-contingent pricing rule for complex intertemporal externalities," Energy Economics, Elsevier, vol. 33(1), pages 111-120, January.
    5. Mariia Belaia & Michael Funke & Nicole Glanemann, 2017. "Global Warming and a Potential Tipping Point in the Atlantic Thermohaline Circulation: The Role of Risk Aversion," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(1), pages 93-125, May.
    6. Chang, Charles W., 2014. "DICESC: Optimal Policy in a Stochastic Control Framework," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170831, Agricultural and Applied Economics Association.
    7. Pizer, William A., 2002. "Combining price and quantity controls to mitigate global climate change," Journal of Public Economics, Elsevier, vol. 85(3), pages 409-434, September.
    8. Kelly, David L. & Kolstad, Charles D., 1999. "Malthus and Climate Change: Betting on a Stable Population," University of California at Santa Barbara, Economics Working Paper Series qt9ks625sk, Department of Economics, UC Santa Barbara.
    9. Crost, Benjamin & Traeger, Christian P., 2010. "Risk and Aversion in the Integrated Assessment of Climate Change," CUDARE Working Papers 90935, University of California, Berkeley, Department of Agricultural and Resource Economics.
    10. Karp, Larry & Zhang, Jiangfeng, 2006. "Regulation with anticipated learning about environmental damages," Journal of Environmental Economics and Management, Elsevier, vol. 51(3), pages 259-279, May.
    11. Erin Baker & Valentina Bosetti & Ahti Salo, 2016. "Finding Common Ground when Experts Disagree: Belief Dominance over Portfolios of Alternatives," Working Papers 2016.46, Fondazione Eni Enrico Mattei.
    12. Alastaire Sena Alinsato & Kora Hafiz Bete & Nassibou Bassongui, 2023. "A climate–economy model in a stochastic differential equilibrium with fractional Brownian motions and Poisson jumps," SN Business & Economics, Springer, vol. 3(8), pages 1-23, August.
    13. Pizer, William A., 2005. "Climate Policy Design under Uncertainty," Discussion Papers 10584, Resources for the Future.
    14. Millner, Antony & Dietz, Simon, 2015. "Adaptation to climate change and economic growth in developing countries," LSE Research Online Documents on Economics 57863, London School of Economics and Political Science, LSE Library.
    15. Laurent Gilotte & Michel de Lara, 2005. "Precautionary Effect and Variations of the Value of Information," Working Papers 2005.28, Fondazione Eni Enrico Mattei.
    16. Richard S.J. Tol, 2012. "Targets for Global Climate Policy: An Overview," Working Paper Series 3712, Department of Economics, University of Sussex Business School.
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