Research At SCEPA
A New Approach to the Business Cycle
ARTICLE | SCEPA economists published research in an influential academic journal on the Keynesian multiplier, a hotly debated issue in progressive economics on the efficacy of fiscal policy and deficit spending in a recession.
Economics and Climate Policy
ARTICLE | Germany’s Die Zeit, one of Germany’s most influential newspapers, featured the work of Economist Willi Semmler, director of SCEPA’s Economics of Climate Change project, on climate policy and strategy.
Thresholds and Multiple Equilibria for Growth and Climate Change
WORKING PAPER | In this working paper, the authors analyze a basic growth model where they allow for global warming.
Global Warming and Economic Externalities
WORKING PAPER | This paper explains equilibrium concepts appropriate to modeling an un-corrected negative externality, such as climate change.