Auflistung LIF-SAFE Working Papers nach Autor "Hambel, Christoph"
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Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change
Hambel, Christoph; Kraft, Holger; Schwartz, Eduardo S. (2018-09-24)This paper studies a dynamic stochastic general equilibrium model involving climate change. Our framework allows for feedback effects on the temperature dynamics. We are able to match estimates of future temperature ... -
When Should Retirees Tap Their Home Equity?
Hambel, Christoph; Kraft, Holger; Meyer-Wehmann, André (2020-10-28)This paper studies a household’s optimal demand for a reverse mortgage. These contracts allow homeowners to tap their home equity to finance consumption needs. In stylized frameworks, we show that the decision to enter a ...