Research Fellows

Climate change and biodiversity loss: new territories for financial authorities

Financial regulation and innovative financingHugues ChenetPublicationsPublicationsResearch FellowsComments Off on Climate change and biodiversity loss: new territories for financial authorities

We analyse the current and possible ways forward in this consideration of climate and biodiversity by finance, highlighting the extent to which they may either contribute to and/or suffer from those environmental changes.

Mitigating greenhouse gas emissions from the cattle sector: land-use regulation as an alternative to emissions pricing

Guy MeunierMaxence GérardPublicationsPublicationsResearch areaResearch FellowsSectoral PoliciesComments Off on Mitigating greenhouse gas emissions from the cattle sector: land-use regulation as an alternative to emissions pricing

We examine the efficiency of a subsidy to cattle farmers for setting aside land for natural ecosystem regeneration. We develop a partial equilibrium model of the cattle sector that integrates land use, greenhouse gas emissions, and animal feeding. We identify conditions under which the subsidy is the best alternative to these other second-best policies.

Macroeconomic policy evaluation in an SFC econometric model: the case of the investment program for climate action in France

Jacques MazierMacro-economical and societal challengesPublicationsPublicationsResearch areaResearch FellowsComments Off on Macroeconomic policy evaluation in an SFC econometric model: the case of the investment program for climate action in France

We study the macroeconomic impact of climate action policy that would allow France to reach its net zero objective by 2050. Contrary to the findings of a report commissioned by the French Prime Minister, our simulations show that these investments are likely to generate economic growth and reduce public debt.

Leaving the hearth you know: Internal migration and energy poverty

We document the relationship between rural–urban migration and energy poverty in South Africa. Our findings show that migrants to urban areas experience significant reductions in energy poverty, particularly in the use of traditional cooking fuels. Our study also explores energy poverty outcomes for both sending and receiving households, gender differences among migrants, and other amenities.

Challenges in measuring the distribution of carbon footprints: The role of product and price heterogeneity

Antonin PottierEmmanuel CombetMacro-economical and societal challengesPublicationsPublicationsResearch areaResearch FellowsComments Off on Challenges in measuring the distribution of carbon footprints: The role of product and price heterogeneity

The distribution of the footprint within a country is regularly computed using consumption data, and with the assumption that the footprint from a product category is proportional to the spending on that product. Here, we explore the limitations of this proportionality assumption.

Electrification, Environment, and Economic Development in Developing Countries

Access to EnergyAlpha LyDoctoral & master thesisPublicationsResearch areaResearch FellowsComments Off on Electrification, Environment, and Economic Development in Developing Countries

This thesis highlights the complex relationships between electrification, deforestation, and economic development in developing countries.

Pricing Congestion to Increase Traffic: The Case of Bogotá

Juan-Pablo MonteroPublicationsResearch areaResearch FellowsSectoral PoliciesWorking papersComments Off on Pricing Congestion to Increase Traffic: The Case of Bogotá

In September 2020, the city of Bogotá introduced a major market-based reform to its odd-even driving restriction. The big winners of the reform are middle-income individuals who now use their cars more often, whereas the big losers are high-income individuals who now spend more time in traffic.

Cost-Benefit Analysis for Green Demonstrators: Application to the Container Glass Industry in France

Jean-Pierre PonssardMaria Eugenia SaninMaryam SadighiPublicationsResearch areaResearch FellowsSectoral PoliciesWorking papersComments Off on Cost-Benefit Analysis for Green Demonstrators: Application to the Container Glass Industry in France

Adopting disruptive technologies for decarbonizing hard-to-abate industrial sectors requires experimentation through demonstration (pilot) projects. However, from an economic perspective, the potential long-term benefits and the difficulties in designing relevant public policies are not addressed in the standard valuations of those projects.

Emerging consensus on net energy paves the way for improved integrated assessment modeling

Macro-economical and societal challengesPublicationsPublicationsResearch areaResearch FellowsVictor CourtComments Off on Emerging consensus on net energy paves the way for improved integrated assessment modeling

Extracting, processing, and delivering energy requires energy itself, which reduces the net energy available to society and yields considerable socioeconomic implications. Yet, most mitigation pathways and transition models overlook net energy feedbacks.

Conventional and unconventional economic policies in an econometric SFC model of the French economy

Books & Official ReportsJacques MazierMacro-economical and societal challengesPublicationsResearch areaResearch FellowsComments Off on Conventional and unconventional economic policies in an econometric SFC model of the French economy

The 2008 and Covid crises have led to increasing public debts and to the launching of unconventional economic policies. Thanks to a complete description of the balance sheets of the domestic and foreign agents, stock-flow consistent (SFC) modelling was well equipped to evaluate their economic consequences.