Kai Lessmann

Potsdam Institute of Climate Impact Research

http://https://pik-potsdam.de/members/lessmann

  • Potsdam Institute of Climate Impact Research

SCHOLARLY PAPERS

22

DOWNLOADS
Rank 34,902

SSRN RANKINGS

Top 34,902

in Total Papers Downloads

1,945

SSRN CITATIONS
Rank 16,348

SSRN RANKINGS

Top 16,348

in Total Papers Citations

42

CROSSREF CITATIONS

25

Scholarly Papers (22)

Actions:
Email selected abstracts
1.

Central Bank Collateral as an Instrument for Climate Mitigation

Number of pages: 34 Posted: 13 Jul 2020
Andrew McConnell, Boyan Yanovski and Kai Lessmann
Potsdam-Institut für Klimafolgenforschung (PIK), Potsdam Institute for Climate Impact Research and Potsdam Institute of Climate Impact Research
Downloads 301 (138,526)
Citation 1

Abstract:

Loading...

Green Monetary Policy, Collateral Haircuts, Central Bank, Climate Mitigation

2.

Renewable Energy Subsidies: Second-Best Policy or Fatal Aberration for Mitigation?

FEEM Working Paper No. 48.2011
Number of pages: 32 Posted: 27 Jun 2011
Matthias Kalkuhl, Ottmar Edenhofer and Kai Lessmann
University of Bonn - Center for Development Research (ZEF), Potsdam Institute for Climate Impact Research (PIK) and Potsdam Institute of Climate Impact Research
Downloads 248 (168,495)
Citation 15

Abstract:

Loading...

Feed-in-Tariff, Carbon Trust, Carbon Pricing, Supply-Side Dynamics, Green Paradox, Climate Policy

Abstract:

Loading...

4.

Mitigation Strategies and Costs of Climate Protection: The Effects of Etc in the Hybrid Model Mind

FEEM Working Paper No. 150.05
Number of pages: 27 Posted: 03 Jan 2006
Ottmar Edenhofer, Kai Lessmann and Nico Bauer
Potsdam Institute for Climate Impact Research (PIK), Potsdam Institute of Climate Impact Research and Paul Scherrer Institute (PSI)
Downloads 156 (255,445)
Citation 3

Abstract:

Loading...

Endogenous technological change, Climate change mitigation costs, Integrated assessment, Growth model, Energy sector, Integrated assessment

5.

The Role of Carbon Capture and Sequestration Policies for Climate Change Mitigation

CESifo Working Paper Series No. 3834
Number of pages: 32 Posted: 15 Jun 2012
Matthias Kalkuhl, Ottmar Edenhofer and Kai Lessmann
University of Bonn - Center for Development Research (ZEF), Potsdam Institute for Climate Impact Research (PIK) and Potsdam Institute of Climate Impact Research
Downloads 108 (336,530)
Citation 4

Abstract:

Loading...

renewable energy subsidy, supply-side dynamics, green paradox, carbon pricing, global warming, CCS

6.

Hedging and temporal permit issuances in cap-and-trade programs: the Market Stability Reserve under risk aversion

Number of pages: 56 Posted: 17 Aug 2019 Last Revised: 03 Dec 2020
Oliver Tietjen, Kai Lessmann and Michael Pahle
Potsdam Institute for Climate Impact Research (PIK), Potsdam Institute of Climate Impact Research and Potsdam Institute for Climate Impact Research (PIK)
Downloads 107 (338,665)
Citation 3

Abstract:

Loading...

cap-and-trade, emission trading system, risk aversion, hedging, EU ETS, Market Stability Reserve

7.

Climate Finance Intermediation: Interest Spread Effects in a Climate Policy Model

Downloads 100 (354,157)
Citation 1

Climate Finance Intermediation: Interest Spread Effects in a Climate Policy Model

Number of pages: 37 Posted: 27 May 2020
Kai Lessmann and Matthias Kalkuhl
Potsdam Institute of Climate Impact Research and Mercator Research Institute on Global Commons and Climate Change (MCC)
Downloads 63 (467,892)
Citation 1

Abstract:

Loading...

financial friction, banking, greenhouse gas mitigation

Climate Finance Intermediation: Interest Spread Effects in a Climate Policy Model

CESifo Working Paper No. 8380
Number of pages: 38 Posted: 25 Jun 2020
Kai Lessmann and Matthias Kalkuhl
Potsdam Institute of Climate Impact Research and Mercator Research Institute on Global Commons and Climate Change (MCC)
Downloads 37 (588,282)

Abstract:

Loading...

financial friction, banking, greenhouse gas mitigation

8.

Learning or Lock-In: Optimal Technology Policies to Support Mitigation

CESifo Working Paper Series No. 3422
Number of pages: 29 Posted: 27 Apr 2011
Matthias Kalkuhl, Ottmar Edenhofer and Kai Lessmann
University of Bonn - Center for Development Research (ZEF), Potsdam Institute for Climate Impact Research (PIK) and Potsdam Institute of Climate Impact Research
Downloads 98 (358,745)
Citation 12

Abstract:

Loading...

renewable energy subsidy, renewable portfolio standard, feed-in-tariffs, carbon pricing

9.

Asset Pricing and the Carbon Beta of Externalities

CESifo Working Paper No. 9269
Number of pages: 46 Posted: 31 Aug 2021
Ottmar Edenhofer, Kai Lessmann and Ibrahim Tahri
Potsdam Institute for Climate Impact Research (PIK), Potsdam Institute of Climate Impact Research and The New School - Department of Economics
Downloads 89 (381,029)

Abstract:

Loading...

10.

Why Finance Ministers Favor Carbon Taxes, Even If They Do Not Take Climate Change into Account

Number of pages: 52 Posted: 28 Apr 2015
Max Franks, Ottmar Edenhofer and Kai Lessmann
Potsdam-Institut für Klimafolgenforschung (PIK), Potsdam Institute for Climate Impact Research (PIK) and Potsdam Institute of Climate Impact Research
Downloads 80 (405,895)
Citation 8

Abstract:

Loading...

Carbon pricing, Green paradox, Infrastructure, Optimal taxation, Strategic instrument choice, Supply-side dynamics, Tax competition

11.

Share Repurchase under Diverging Beliefs about Carbon Risk

Number of pages: 41 Posted: 15 Jul 2020
Emilie Rosenlund Soysal and Kai Lessmann
Potsdam Institute of Climate Impact Research (PIK) and Potsdam Institute of Climate Impact Research
Downloads 73 (427,309)

Abstract:

Loading...

buyback; stranded assets; portfolio optimization; false expectations

12.

Technology Beats Capital - Sharing the Carbon Price Burden in Federal Europe

Number of pages: 44 Posted: 06 Mar 2020
Christina Roolfs, Beatriz Gaitan, Ottmar Edenhofer and Kai Lessmann
Potsdam-Institut für Klimafolgenforschung (PIK), Potsdam-Institut für Klimafolgenforschung (PIK), Potsdam Institute for Climate Impact Research (PIK) and Potsdam Institute of Climate Impact Research
Downloads 65 (454,193)

Abstract:

Loading...

Emission Regulation, Federalism, Unanimity, Transfers, Pareto-improving policy, European Union

13.

The Link between Short-Termism and Risk: Barriers to Investment in Long-Term Projects

Number of pages: 51 Posted: 01 Apr 2020 Last Revised: 25 Nov 2020
Boyan Yanovski, Kai Lessmann and Ibrahim Tahri
Potsdam Institute for Climate Impact Research, Potsdam Institute of Climate Impact Research and The New School - Department of Economics
Downloads 54 (496,055)

Abstract:

Loading...

short-termism, discounting, systematic risk, decreasing absolute risk-aversion, long-term projects, illiquid assets, optimal portfolio

14.

Financing the Fossil Fuel Phase-Out

Number of pages: 46 Posted: 16 Aug 2021 Last Revised: 17 Aug 2021
Boyan Yanovski and Kai Lessmann
Potsdam Institute for Climate Impact Research and Potsdam Institute of Climate Impact Research
Downloads 49 (517,204)

Abstract:

Loading...

endogenous elasticity of substitution, fossil fuel phase-out, climate policy, capital structure, economies of scale, performance-based lending, financial instability

15.

The Stability and Effectiveness of Climate Coalitions: A Comparative Analysis of Multiple Integrated Assessment Models

FEEM Working Paper 5.2014, CMCC Research Paper No. RP0229
Number of pages: 2 Posted: 07 Feb 2014 Last Revised: 27 Jul 2017
Kai Lessmann, Ulrike Kornek, Valentina Bosetti, Rob Dellink, Rob Dellink, Hans-Peter Weikard, Johannes Emmerling, Johan Eyckmans, Miyuki Nagashima and Zili Yang
Potsdam Institute of Climate Impact Research, University of Kiel, Bocconi University, Wageningen UR - Environmental Economics and Natural Resources GroupOrganization for Economic Co-Operation and Development (OECD), Wageningen UR - School of Social Sciences, CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici - European Institute onEconomy and the Environment (EIEE), Catholic University of Leuven (KUL) - Center for Economic Studies, Wageningen University and State University of New York at Binghamton
Downloads 46 (535,309)
Citation 4

Abstract:

Loading...

Coalition Stability, International Environmental Agreements, Numerical modeling, Transfers

16.

Financing the low-carbon transition: The impact of financial frictions on clean investment

Number of pages: 56 Posted: 09 Feb 2022
Hendrik Schuldt and Kai Lessmann
Potsdam Institute for Climate Impact Research and Potsdam Institute of Climate Impact Research
Downloads 42 (549,777)

Abstract:

Loading...

climate policy, financial frictions, DSGE, low-carbon, transition

17.

Infrastructure and Inequality: Insights from Incorporating Key Economic Facts About Household Heterogeneity

CESifo Working Paper Series No. 4972
Number of pages: 30 Posted: 07 Oct 2014
David Klenert, Linus Mattauch, Ottmar Edenhofer and Kai Lessmann
European Commission-Joint Research Centre, Mercator Research Institute on Global Commons and Climate Change (MCC), Potsdam Institute for Climate Impact Research (PIK) and Potsdam Institute of Climate Impact Research
Downloads 42 (549,777)

Abstract:

Loading...

18.

Influence of Distributional Shape of Substance Parameters on Exposure Model Output

Risk Analysis, Vol. 25, No. 5, pp. 1137-1145, October 2005
Number of pages: 9 Posted: 07 Nov 2006
Kai Lessmann, Andreas Beyer, Jörg Klasmeier and Michael Matthies
Potsdam Institute of Climate Impact Research, European Central Bank (ECB), University of Osnabruck - Institute of Environmental Systems Research and University of Osnabruck - Institute of Environmental Systems Research
Downloads 26 (640,865)

Abstract:

Loading...

19.

Tax Competition With Asymmetric Endowments in Fossil Resources

Number of pages: 46 Posted: 03 Jun 2020
Max Franks and Kai Lessmann
Potsdam-Institut für Klimafolgenforschung (PIK) and Potsdam Institute of Climate Impact Research
Downloads 14 (731,283)

Abstract:

Loading...

Tax Competition, Capital Mobility, Strategic Instrument Choice, Carbon Pricing, Capital Tax

20.

Leadership in Climate Change Mitigation: Consequences and Incentives

Journal of Economic Surveys, Vol. 32, Issue 2, pp. 491-517, 2018
Number of pages: 27 Posted: 13 Mar 2018
Gregor Schwerhoff, Ulrike Kornek, Kai Lessmann and Michael Pahle
International Monetary Fund (IMF), University of Kiel, Potsdam Institute of Climate Impact Research and Potsdam Institute for Climate Impact Research (PIK)
Downloads 1 (856,583)
Citation 3

Abstract:

Loading...

Game theory, Leadership, Unilateral climate policy

21.

Emissions Trading with Non‐Signatories in a Climate Agreement - An Analysis of Coalition Stability

The Manchester School, Vol. 82, pp. 82-109, 2014
Number of pages: 28 Posted: 30 Dec 2014
Kai Lessmann, Robert Marschinski, Ulrike Kornek, Michael Finus and Ottmar Edenhofer
Potsdam Institute of Climate Impact Research, Potsdam Institute for Climate Impact Research (PIK), University of Kiel, University of Bath and Potsdam Institute for Climate Impact Research (PIK)
Downloads 0 (874,520)

Abstract:

Loading...

22.

Self-Enforcing Strategies to Deter Free-Riding in the Climate Change Mitigation Game and Other Repeated Public Good Games

Proceedings of the National Academy of Sciences of the USA, Vol. 108, pp. 15739-15744, 2011
Posted: 21 Sep 2011
Jobst Heitzig, Kai Lessmann and Yong Zou
Potsdam-Institut für Klimafolgenforschung (PIK), Potsdam Institute of Climate Impact Research and Potsdam-Institut für Klimafolgenforschung (PIK)

Abstract:

Loading...

global warming, international climate agreement, renegotiation proofness