The European Association of Environmental and Resource Economists (EAERE) is the largest group of environment-minded economists in Europe. It has recently put out a statement on carbon pricing. Although many people who I respect have given their support to the statement, it is...
The main purpose of this study is to raise awareness of the changes that the EU labour market will face as a result of the adoption of new technologies. It is the first study of its kind to use pan-European data sources (the Eurofound Task analysis and the Cedefop Skills Forec...
The concept of environmental tax reform is not new and is core to environmental economics, but is it compatible with Modern Monetary Theory? Environmental taxes aim to raise revenues for government, while at the same time discouraging behaviour that damages the environment. Ex...
Unlike most other macroeconomic models, ours (E3ME) includes endogenous money as a core feature (including borrowing by government). This difference is important because it allows us to best predict outcomes that might be encountered by our clients. Find out how... We...
It is now widely acknowledged that decarbonisation will not be possible without putting a price on carbon. Some economists (and most modellers outside Cambridge Econometrics) even suggest that a carbon price would be sufficient to meet carbon targets. But in the UK there is a ...
Another light-hearted Christmas-themed blogpost, this time from our Chairman, Richard Lewney. Robin Crusoe is a national accounts statistician marooned on a desert island. Man Friday is an economist turned management consultant… On Day 1 Robin Crusoe catches fish ...
In this light-hearted blogpost our Director, Hector Pollitt wonders how an economist would set about modelling the economy of the North Pole and finds that the challenges are not insurmountable. But how on earth do you account for 'magic'? Is there a currency? What about th...
An issue that often arises when discussing a transition to electric vehicles is fuel duty revenues and how and whether governments will enforce new taxes to replace falling revenues. The first point to understand here is that this will not be a cliff-edge, with a dramatic £30...
Cambridge Econometrics supported the UK Committee on Climate Change (CCC) with its ongoing assessment of the impact of low carbon policies on energy prices and bills. The study also looked at the competitiveness implications of climate change policies and energy prices on UK m...
This study explored whether an EU-wide Unemployment Benefits System (UBS) could act as an effective fiscal stabilizer to mitigate future economic shocks.
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