4 papers
Climate uncertainty, financial frictions and constrained efficient carbon taxation
Felix Kübler
In this paper, I consider a simple heterogeneous agents model of a production economy with uncertain climate change and examine constrained efficient carbon taxation. If there are…
Uniformly Self-Justified Equilibria
Felix Kubler, Simon Scheidegger
We consider dynamic stochastic economies with heterogeneous agents and introduce the concept of uniformly self-justified equilibria (USJE) -- temporary equilibria for which forecas…
Exact inference from finite market data
Felix Kübler, Raghav Malhotra, Herakles Polemarchakis
We develop conditions under which individual choices and Walrasian equilibrium prices and allocations can be exactly inferred from finite market data. First, we consider market dat…
The climate in climate economics
Doris Folini, Felix Kübler, Aleksandra Malova +1
To analyze climate change mitigation strategies, economists rely on simplified climate models - climate emulators. We propose a generic and transparent calibration and evaluation s…