【Promotion Talk】Decarbonization in an Interdependent World with Nominal Wage Rigidities
2024/11/12
研討會日期 : 2024-11-12
時間 : 14:30
主講人 : Professor Han Yang (楊宗翰)
地點 : Conference Room B110
主持人 : Professor Tzu-Ting Yang
演講者簡介 : Professor Han Yang received his Ph.D. in Economics from Pennsylvania State University in 2019. He is an Assistant Research Fellow at the Institute of Economics, Academia Sinica. His research interests are International Trade, Macroeconomics, Digital Economics, Environment Economics, and Development.
演講摘要 : This paper explores the effects of decarbonization policies in a multi-country, multi-sector general equilibrium model under the constraints of nominal wage rigidity and labor mobility frictions. We address key questions about the implications of stringent environmental policies on short-run unemployment and whether international policy coordination can alleviate potential economic disruptions. The model integrates emissions targets, energy inputs, and Armington trade costs, capturing sector-specific wage dynamics and emission intensity differences across countries. By calibrating the model with bilateral trade, emissions, and sectoral employment data, the study assesses unemployment impacts from both uniform and differentiated emissions reduction scenarios.
