Gernot Wagner: Preoccupations

Climate Shock has two main themes, which are also the preoccupations of my current research:

  • Pricing climate risk
  • Solar geoengineering

Work in progress, under review, and recently published in each:

Pricing climate risk

Applying Asset Pricing Theory to Calibrate the Price of Climate Risk” (with Kent Daniel and Robert B. Litterman; NBER Working Paper 22795, November 2016), now published as “Declining CO2 Price Paths” (PNAS, 1 October 2019)

“Carbon prices, preferences, and the timing of uncertainty” (with William W. Hogan; presented at: Harvard Kennedy School Energy Policy Research seminar, 6 March 2017; University of Washington, 13 September 2018, Harvard Environmental Economics Program, 19 September 2019)

“Heat, Labor, and Equity” (with A. Patrick Behrer, R. Jisung Park, Colleen M. Golja, and David W. Keith; draft available upon request)

“Tipping points in the climate system and the economics of climate change” (with Simon Dietz, James Rising, and Thomas Stoerk)

Confronting Deep and Persistent Climate Uncertainty” (with Richard J. Zeckhauser; Harvard Kennedy School discussion paper, 4 August 2016 [latest version: 20 November 2018]; presented at: Harvard Kennedy School Energy Policy and New Directions in Regulation seminars, October 2016)

Solar geoengineering

An Economic Anatomy of Optimal Climate Policy” (with Juan B. Moreno-Cruz and David W. Keith; HKS Faculty Research Working Paper Series RWP17-028, latest version: 11 September 2018)

“Green Moral Hazard” (with Daniel Zizzamia; draft available upon request)

“Risky geoengineering option makes climate mitigation agreement more likely” (with Adrien Fabre; draft available upon request)

“Geoengineering Bandits” (with Lassi Ahlvik)

Geoengineering: the Gamble (under contract with Polity Press)

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