GCF Working Paper 1/2018:
Green Growth Mechanics: The Building Blocks

Green growth holds the promise that solving environmental problems can at the same time create economic benefits. Yet, until now there is little analytically sound work on the possibility of such a dynamics. In this paper, we investigate conditions under which a transition from brown growth to green growth can improve the economic situation, both in the present and in the future. In our model, we combine three well-documented phenomena: the fact that a major aspect of technical change is learning by doing, the fact that learning by doing can develop in different directions, and the indeterminacy of labour markets resulting from the difficulty of matching the skills of people with the tasks arising in firms. The combination provides new insights for the discussion about the possibilities of green growth.

The paper can be downloaded here: GCF_WorkingPaper1-2018

GCF Working Paper 2/2017:
Framing 1.5 C – Turning an investment challenge into a green growth opportunity

Our new working paper wants to contribute to the special report on the impacts of average global warming of 1.5°C above pre-industrial levels that the Intergovernmental Panel on Climate Change (IPCC) will produce in 2018. In contrast to a classical perspective on climate policy, which focuses on costs, our paper proposes a win-win framing: The 1:5C scenario should be seen as an opportunity for the world to achieve a Great Transition to green growth. Read more

GCF Working Paper 1/2017:
Green investment and coordination failure: An investors’ perspective

The goal to keep global warming well below 2°C can only be achieved if private investors shift capital from brown to green infrastructures and technologies. In this working paper, we present a game-theoretic perspective on the transition from brown to green growth. We perceive investment for mitigation as a coordination problem of selecting among multiple equilibria. We discuss how uncertainty in such a “green investment game” could be reduced in order to coordinate actors on the Pareto-superior equilibrium. Read more

GCF Working Paper 3/2016:
Price Dynamics Via Expectations, and the Role of Money Therein

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by Gesine A. Steudle, Saini Yang, Carlo C. Jaeger

GCF Working Paper 2/2016:
Concepts of Stakeholder Involvement in ScienceEvidence from Sustainability Research

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by Jahel Mielke, Hannah Vermaßen, Saskia Ellenbeck

GCF Working Paper 1/2016:
The Possibility of Green Growth in Climate Policy Analysis Models – a Survey

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by Sarah Wolf, Franziska Schütze, Carlo C. Jaeger

ECF Working Paper 1/2010:
Climate Change Policy – Positive or Negative Economic Impact? Why?

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by Roland Kupers, Diana Mangalagiu

ECF Working Paper 4/2009:
Climate Change and the Cities of the Future: Art, Technology and Economics in the face of Climate Change

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by Klaus Hasselmann, Antonio Ruiz de Elvira, Martin Welp

ECF Working Paper 1/2009:
Simultating Human Behavior in Macroeconomic Models Applied to Climate Change

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by Klaus Hasselmann