The Research Area Comprises:

  • Design and Development of Environmental and Economic Policy Instruments
  • Macroeconomic and Sector-Specific Effects of National and International Environmental Policies – Analysis of Efficiency and Redistribution, Effects on Competition
  • Environmental Effects of Economic Policy Measures

Researchers in this area explore the macroeconomic and sectoral impact of environmental-economic policy instruments, placing particular emphasis on climate and energy policy and on advances in technology. The research area develops and applies computable general equilibrium (CGE) models and partial models that facilitate the quantitative estimation of the impact of economic policy interventions on consumers and producers. The economists’ quantitative analyses are based on economic theory as well as econometric estimations that are conducted for the purpose of model calibration. This research area is distinguished by its cross-departmental role, contributing methodological expertise to work in the Department’s other research areas.