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23 de abr. de 2024 · The idea of restricting global warming to two degrees Celsius originated from the work of economist William Nordhaus. In two articles published in the 1970s, Nordhaus argued that a two-degree...
18 de abr. de 2024 · Se ha llegado a un fuerte consenso en que la respuesta a esta cuestión es un claro no, culminado con la concesión del Premio Nobel de Economía a una de las personas cuyo trabajo fue clave para...
Hace 4 días · The real question is how we adapt to this challenge. ADAPTATION is missing from any of the climate change mathematical models written down by the Grand-daddy William Nordhaus or any of his intellectual offspring. I discuss this point in detail in this blog post. In my October 2023 talk at Hoover, I expand on my points regarding endogenous ...
Hace 5 días · What is the PBC? Economist and 2018 Nobel Laureate William Nordhaus is an early theorizer about the political business cycle (PBC), which he concluded arises because “voters care about the economy and politicians care about power.”. (1) The notion is that politicians will act to ensure favorable conditions (especially economic ...
8 de may. de 2024 · William Nordhaus , who first formalized the framework of political cycles in monetary policies, identified three conditions likely to give rise to a political cycle: (1) periodic competitive elections, (2) information asymmetry and myopic voters, and (3) control over policy instruments.
6 de may. de 2024 · In The Spirit of Green, Nobel Prize-winning economist William Nordhaus describes a new way of green thinking that would help us overcome humankind's biggest challenges without sacrificing economic prosperity, in large part by accounting for the spillover costs of economic collisions.
2 de may. de 2024 · The election-devaluation cycle. Economists will recall a 50-year-old paper by Nobel Prize winning professor Bill Nordhaus as essentially initiating research on the Political Business Cycle (PBC).
