Außenansicht des D3 Gebäudes

Dr. Armon Rezai

Armon Rezai
Contact details

Phone: +43 (1) 313 36 - 5765
E-​Mail: armon.rezai@wu.ac.at
Homepage

Personal details

Armon Rezai is full professor and head of the Institute for Ecological Economics and senior guest researcher at IIASA. His research topics center on macroeconomics (e.g. economic growth, distribution of income and wealth, and unemployment) and its application to environmental problems like climate change, and economic policy. After earning a PhD in economics from The New School for Social Research (New York), he has worked at the United Nations University's World Institute for Development Economics Research in Helsinki and provided consultations to the World Bank and the Institute for New Economic Thinking (INET). He has published widely with over 30 publications in international peer-reviewed academic journals, including general interest journals such as American Economic Review, International Economic Review, and European Economics Review, as well as leading environmental field journals. He has been a Fulbright Fellow, Schrödinger Fellow of the Austrian Science Fund, and academic visitor at the University of California at Berkeley, CESifo, and the FGV Sao Paulo. He is also an external research associate at the University of Oxford’s Oxford Centre for the Analysis of Resource Rich Economies (OxCARRE) and a fellow of the CESifo network. An example of his work on income distribution and climate policy can be found here.

Teaching in the ongoing semester

Armon Rezai in Winter term 2021/22

Publications

Journal article

2021 Rezai, Armon, Dietz, Simon, Venmans, Frank, van der Ploeg, Frederick. 2021. Are economists getting climate dynamics right and does it matter? Journal of the Association of Environmental and Resource Economists. Read more
2021 van der Ploeg, Frederick, Rezai, Armon. 2021. Optimal carbon pricing in general equilibrium: Temperature caps and stranded assets in an extended annual DSGE model. Journal of Environmental Economics and Management. Read more
2021 Seminiuk, Gregor, Taylor, Lance, Rezai, Armon, Foley, Duncan. 2021. Plausible energy demand patterns in a growing global economy with climate policy. Nature Climate Change. (11), 313-318. Read more
2020 Mattauch, Linus, Matthews, Damon, Millar, Richard, Rezai, Armon, Solomon, Susan, Venmans, Frank. 2020. Steering the Climate System: Comment. American Economic Review. 110 (4), 1-7. Read more
2020 van der Ploeg, Frederick, Rezai, Armon. 2020. Stranded Assets in the Transition to a Carbon-Free Economy. Annual Review of Environment and Resources. 12 281-298. Read more
2020 van der Ploeg, Frederick, Rezai, Armon. 2020. The risk of policy tipping and stranded carbon assets. Journal of Environmental Economics and Management. 100 10225 Read more
2019 Taylor, Lance, Foley, Duncan, Rezai, Armon. 2019. Demand drives growth all the way: Goodwin, Kaldor, Pasinetti and the Steady State. Cambridge Journal of Economics. 43 1333-1352. Read more
2019 van der Ploeg, Frederick, Rezai, Armon. 2019. Simple rules for climate policy and integrated assessment. Environmental and Resource Economics. 72 (1), 77-108. Read more
2019 Rezai, Armon, van der Ploeg, Frederick. 2019. The Agnostic's Response to Climate Deniers: Price Carbon! European Economic Review. 111 70-84. Read more
2018 Glötzl, Florentin, Rezai, Armon. 2018. A sectoral net lending perspective on Europe. Cambridge Journal of Economics. 42 (3), 779-795. Read more
2018 Rezai, Armon, Taylor, Lance, Foley, Duncan. 2018. Economic Growth, Income Distribution, and Climate Change. Ecological Economics. 146 164-172. Read more
2018 van der Ploeg, Frederick, Rezai, Armon. 2018. The Simple Arithmetic of Carbon Pricing and Stranded Assets. Energy Efficiency. 11 627-639. Read more
2017 Rezai, Armon, van der Ploeg, Frederick. 2017. Abandoning Fossil Fuel: How much and how fast? The Manchester School. 85 16-44. Read more
2017 Rezai, Armon, Van der Ploeg, Frederick. 2017. Climate policies under climate model uncertainty: max-min and min-max regret. Energy Economics, 68, 4-16. Read more
2017 van der Ploeg, Frederick, Rezai, Armon. Forthcoming. Cumulative emissions, untapped tapped fossil fuel and the optimal carbon tax. Technological Forecasting and Social Change 116, 216-222. Read more
2017 Rezai, Armon, van der Ploeg, Frederick. 2017. Second-best climate policies to decarbonize the economy: commitment and the Green Paradox. Environmental and Resource Economics 66, 409-434. Read more
2017 Crawford, Beverly, Rezai, Armon, De Long, Bradford. Forthcoming. The Gold Standard, the Euro, and Leadership: A Cautionary Tale. German Politics and Society, 35, 77-104. Read more
2017 Taylor, Lance, Rezai, Armon, Kumar, Rishabh, Barbosa-Filho, Nelson, Carvalho, Laura. 2017. Wage Increases, Transfers, and the Socially Determined Income Distribution in the USA. Review of Keynesian Economics. 2 259-275. Read more
2016 Taylor, Lance, Rezai, Armon, Foley, Duncan. 2016. An Integrated Approach to Climate Change, Income Distribution, Employment, and Economic Growth. Ecological Economics 121, 196-205. Read more
2016 Rezai, Armon, Stagl, Sigrid. 2016. Ecological Macroeconomics: Introduction and Review. Ecological Economics 121, 181-185. Read more
2016 De Carvalho, Laura, Rezai, Armon. 2016. Income inequality and aggregate demand. Cambridge Journal of Economics 40 (2), 491-505. Read more
2016 Rezai, Armon, van der Ploeg, Frederick. 2016. Intergenerational inequality aversion, growth and the role of damages: Occam's rule for the global carbon tax. Journal of the Association of Environmental and Resource Economists 3 (2), 493-522. Read more
2015 Rezai, Armon. 2015. Demand and distribution in integrated economies. Cambridge Journal of Economics 39 (5), 1399-1414. Read more
2015 Rezai, Armon, van der Ploeg, Frederick. 2015. Robustness of a simple rule for the social cost of carbon. Economics Letters 132, 48-55. Read more
2015 Rezai, Armon. 2015. Wirtschaftswachstum und die funktionale und persönliche Verteilung von Einkommen - Überblick und neue Erkenntnisse. Der öffentliche Sektor 41 (2), 95-98. Read more
2014 Karp, Larry, Rezai, Armon. 2014. The Political Economy of Environmental Policy with Overlapping Generations. International Economic Review, 55 (3), 711-733. Read more
2013 Rezai, Armon. 2013. Cycles of demand and distribution and monetary policy in the US economy. Journal of Post Keynesian Economics 36, 231-250. Read more
2013 Rezai, Armon, Taylor, Lance, Mechler, Reinhard. 2013. Ecological Macroeconomics: An application to climate change. Ecological Economics (85), 69-76. Read more
2013 Scrieciu, Silviu Serban, Rezai, Armon, Mechler, Reinhard. 2013. On the Economic Foundations of Green Growth Discourses: The Case of Climate Change Mitigation and Macroeconomic Dynamics in Economic Modelling. WIREs: Energy and Environment 2 (3), 251-268. Read more
2013 Foley, Duncan, Rezai, Armon, Taylor, Lance. 2013. The social cost of carbon emissions. Economics Letters 121, 90-97. Read more
2012 Rezai, Armon, Foley, Duncan, Taylor, Lance. 2012. Global Warming and Economic Externalities. Economic Theory 49 (2), 329-351. Read more
2012 Rezai, Armon. 2012. Goodwin Cycles, Distributional Conflict, and Productivity Growth. Metroeconomica 63 (1), 29-39. Read more
2011 Semmler, Willi, Greiner, Alfred, Diallo, Bobo, Rajaram, Anand, Rezai, Armon. 2011. Fiscal Policy, Public Expenditure Composition, and Growth: Theory and Empirics. Aestimatio (2), 48-89. Read more
2011 Rezai, Armon. 2011. The Opportunity Cost of Climate Policy: A Question of Reference. Scandinavian Journal of Economics 113 (4), 885-903. Read more
2010 Mechler, Reinhard, Rezai, Armon, Stagl, Sigrid. 2010. Is Green Growth feasible? Some reflections and implications for Austria. Wirtschaftspolitische Blätter (4), 451-465. Read more
2010 Rezai, Armon. 2010. Recast DICE and its Policy Recommendations. Macroeconomic Dynamics 14 (S2), 275-289. Read more
2008 Chen, Pu, Gong, Gang, Rezai, Armon, Semmler, Willi. 2008. Long and Short Run Considerations of Productivity Growth and Unemployment in RBC models. Investigaciones Economicas LXVII (264), 36-61. Read more

Chapter in edited volume

2016 Taylor, Lance, Rezai, Armon, Kumar, Rishabh, de Carvalho, Laura, Barbosa, Nelson. 2016. US Size Distribution and the Macroeconomy, 1986-2009. In: Macroeconomics and Development: Roberto Frenkel and the Economics of Latin America, Hrsg. Mario Damill, Martín Rapetti and Guillermo Rozenwurcel, 15-15 . New York: Columbia University Press. Read more
2014 Glötzl, Florentin, Marterbauer, Markus, Rehm, Miriam, Rezai, Armon. 2014. Finanzierungssalden und die Krise in Europa. In: Makroökonomik, Entwicklung und Wirtschaftspolitik. Festschrift für Jan Priewe, Hrsg. Dullien, S., Hein, E. and A. Truger, 263-277. Marburg: Metropolis-Verl. Read more
2014 Stagl, Sigrid, Schulz, Niels, Köppl, Angela , Kratena, Kurt, Mechler, Reinhard, Pirgmaier, Elke, Radunsky, Klaus, Rezai, Armon, Mehdi, Bano. 2014. Kapitel 6: Transformationspfade. In: Österreichischer Sachstandsbericht Klimawandel 2014 (AAR14), Hrsg. Austrian Panel on Climate Change (APCC), 1025-1076. Wien: Verlag der Österreichischen Akademie der Wissenschaften. Read more
2014 Taylor, Lance, Rezai, Armon, Kumar, Rhishabh, De Carvalho, Laura, Barbosa, Nelson. 2014. US Size Distribution and the Macroeconomy, 1986-2009. In: Macroeconomics and Development: Roberto Frenkel and the Economics of Latin America, Hrsg. Mario Damill, Martín Rapetti and Guillermo Rozenwurcel, ch-15. New York: Columbia University Press. Read more
2011 Nell, Ed, Semmler, Willi, Rezai, Armon. 2011. Economic Growth and Climage Change: Cap-And-Trade or Emission Tax?. In: After Cancun: Climate Governance or Climate Conflicts, Hrsg. Altvater, E.; Brunnengräber, A., 95-110. Wiesbaden: VS Verlag für Sozialwissenschaften. Read more
2008 Nell, Edward, Semmler, Willi, Rezai, Armon. 2008. Wirtschaftswachstum und Globale Klimaerwärmung. In: Ablasshandel gegen Klimawandel?, Hrsg. Elmar Altvater & Achim Brunnengräber, 169-184. Hamburg: VSA. Read more

Paper presented at an academic conference or symposium

2016 Glötzl, Florentin and Rezai, Armon. 2016. A Sectoral Net Lending Perspective on Europe. 40 years Cambridge Journal of Economics Conference, Cambridge, Großbritannien, 12.07-13.07. Read more
2014 Rezai, Armon. 2014. Abandoning fossil fuel: how much and how fast?. VU Amsterdam, Amsterdam, Niederlande, 11.05.-13.05. Invited Talk Read more
2014 Rezai, Armon. 2014. Abandoning fossil fuel: how much and how fast?. SURED, Ascona, Schweiz, 07.06.-12.06. Read more
2014 Rezai, Armon. 2014. Abandoning fossil fuel: how much and how fast?. World Congress of the ERE, Istanbul, Türkei, 27.06.-02.07. Read more
2014 Rezai, Armon. 2014. Asset prices and climate policy. OxCARRE, University of Oxford, Oxford, Großbritannien, 27.01.-29.01. Invited Talk Read more
2014 Rezai, Armon. 2014. Ecological Macroeconomics. INET New School Seminar, New York, Vereinigte Staaten/USA, 23.04-.29.04. Invited Talk Read more
2014 Rezai, Armon. 2014. Ecological Macroeconomics: an application to climate change. Kingston University, London, Großbritannien, 18.11.-18.11. Invited Talk Read more
2014 Rezai, Armon. 2014. Political Economy of Environmental Policy. VU Amsterdam, Amsterdam, Niederlande, 11.12.-12.12. Invited Talk Read more
2014 Rezai, Armon. 2014. The Political Economy of Environmental Policy with Overlapping Generations. MCC Berlin, Berlin, Deutschland, 29.10.-30.10. Invited Talk Read more
2014 Rezai, Armon. 2014. The Political Economy of Environmental Policy with Overlapping Generations. Closing the Carbon Gap, Berlin, Deutschland, 21.05.-23.05. Invited Talk Read more
2014 Rezai, Armon. 2014. Trade and Resource Sustainability. Grantham Research Institute, LSE, London, Großbritannien, 19.11.-21.11. Invited Talk Read more
2014 Rezai, Armon. 2014. US Size Distribution and the Macroeconomy, 1986-2009. 18th FMM conference, Berlin, Deutschland, 30.10.-01.11. Read more
2013 Rezai, Armon. 2013. Abandoning fossil fuel: how much and how fast?. Tinbergen Institute, Amsterdam, Niederlande, 22.11.-26.11. Invited Talk Read more
2013 Rezai, Armon. 2013. The Political Economy of Environmental Policy with Overlapping Generations. Forschungsseminar, Köln, Deutschland, 01.02.-01.02. Read more
2013 Rezai, Armon. 2013. Trade and Resource Sustainability with Overlapping Generations. 20th Annual conference of the European Association of Environmental and Resource Economists, Toulouse, Frankreich, 26.06.-29.06. Read more
2012 Rezai, Armon. 2012. Ecological Macroeconomics. ISEE 2012 Conference - Ecological Economics and Rio+20, Rio de Janeiro, Brasilien, 16.06.2012-20.06.2012. Read more
2012 Rezai, Armon. 2012. Global Warming and Economic Externalities. OxCarre, Oxford, Großbritannien, 02.05.-02.05. Invited Talk Read more
2012 Rezai, Armon. 2012. Global Warming and Economic Externalities: Some implications for discounting. Workshop on Catastrophic Risk, Stanford, Vereinigte Staaten/USA, 29.05.-02.06. Invited Talk Read more
2012 Rezai, Armon. 2012. Pareto-improving climate policy: the role of asset prices. CESifo Area Conference on Energy and Climate Economics, Munich, München, Deutschland, 08.11.-09-11. Read more
2012 Rezai, Armon. 2012. Social Fairness and Economics: Economic Essays in the Spirit of Duncan K. Foley. Social Fairness and Economics: Economic Essays in the Spirit of Duncan K. Foley, New York City, Vereinigte Staaten/USA, 20.04.-21.04. Invited Talk Read more
2012 Rezai, Armon. Forthcoming. The Political Economy of Environmental Policy. Vorträge von ifo/CESifo Gastforschern, München, Deutschland, 01.08.-01.08. Read more
2012 Rezai, Armon. 2012. The Political Economy of Environmental Policy with Overlapping Generations. LSE Climate Change and Environment Seminar Series, London, Großbritannien, 17.05.-17.05. Invited Talk Read more
2012 Rezai, Armon. 2012. Trade and the Environment: Open Access and Overlapping Generations. SURED 2012, Ascona, Schweiz, 03.06.-08.06. Read more
2011 Rezai, Armon. 2011. An Overlapping Generations Model of a Renewable Resource with Imperfect Property Rights. ASSA Meetings, Denver, Vereinigte Staaten/USA, 07.01.-09.01. Read more
2011 Rezai, Armon, Taylor, Lance, Mechler, Reinhard. 2011. Ecological Economic Growth. 9th International Conference of the European Society for Ecological Economics, Istanbul, Türkei, 14.06.-17.06. Read more
2011 Rezai, Armon. 2011. General Equilibrium Implications of Adding-Up Constraints. ASSA Meetings, Denver, Vereinigte Staaten/USA, 07.01.-09.01. Read more
2011 Rezai, Armon. 2011. Greenhouse Gases and Economic Growth: Ecological Climate Economics. Workshop on Climate Change, Salt Lake City, Vereinigte Staaten/USA, 10.11.-13.11. Invited Talk Read more
2011 Rezai, Armon. 2011. Greenhouse Gases and Economic Growth: Ecological Climate Economics. UC Berkeley, ERG Research Seminar, Berkeley, Vereinigte Staaten/USA, 09.11. Invited Talk Read more
2011 Rezai, Armon. 2011. Income and Distribution in Open Economy Macromodels. Structuralism, Development, and International Institutions, New York City, Vereinigte Staaten/USA, 12.10.-16.10. Invited Talk Read more
2011 Rezai, Armon. 2011. Modelling the Relationship between Trade, Investment and Employment: The Importance of Distribution and Interconnectedness. Workshop on Trade, Investment and Employment Modelling, Brüssel, Belgien, 04.07.-05.07. Invited Talk Read more
2011 Rezai, Armon. 2011. The General Equilibrium Implications of Adding-Up Constraints. EEA Meetings, New York City, Vereinigte Staaten/USA, 25.02.-27.02. Read more
2011 Karp, Larry, Rezai, Armon. 2011. The Political Economy of Environmental Policy with Overlapping Generations. 18th Annual conference of the European Association of Environmental and Resource Economists, Rome, Italien, 29.06.-02.07. Read more
2011 Rezai, Armon. 2011. The Political Economy of Environmental Policy with Overlapping Generations. UC Berkeley, ARE Department Seminar, Berkeley, Vereinigte Staaten/USA, 02.12. Invited Talk Read more
2010 Rezai, Armon. 2010. An Overlapping Generations Model of a Renewable Resource with Imperfect Property Rights. Workshop on Climate Change and Distribution, ESOP, Oslo, Norwegen, 22.06.-23.06. Read more
2010 Rezai, Armon. 2010. Global Warming and Economic Externalities. TU Wien, Wien, Österreich, 08.10.-08.10. Read more
2010 Rezai, Armon. 2010. Global Warming and Economic Externalities. ÖNB, Wien, Österreich, 18.10.-18.10. Read more
2010 Rezai, Armon. Forthcoming. Global Warming and Economic Externalities. Annual Meeting of the Austrian Economic Association, Wien, Österreich, 14.05.-15.05. Read more
2010 Rezai, Armon. 2010. Global Warming and Economic Externalities. International Institute for Applied Systems Analysis (IIASA), Laxenburg, Österreich, 01.01.-01.01. Read more
2010 Rezai, Armon. 2010. Workshop on Climate Change and Distribution, ESOP. CESifo Area Conference on Energy and Climate Economics, München, Deutschland, 15.10.-16.10. Read more

Working/discussion paper, preprint

2021 Semieniuk, Gregor, Taylor, Lance, Rezai, Armon, Foley, Duncan. 2021. Plausible energy demand patterns in a growing global economy with climate policy. Read more
2017 Glötzl, Florentin, Rezai, Armon. Forthcoming. Appendix to "A Sectoral Net Lending Perspective on Europe" Read more
2016 Glötzl, Florentin and Rezai, Armon. 2016. A Sectoral Net Lending Perspective on Europe. Read more
2016 Rezai, Armon. 2016. Cumulative Emissions,Unburnable Fossil Fuel and the Optimal Carbon Tax. Read more
2015 Rezai, Armon. 2015. Wirtschaftswachstum und die funktionale und persönliche Verteilung von Einkommen - Überblick und neue Erkenntnisse. Read more

Magazine/newspaper article

2015 Rezai, Armon, van der Ploeg, Frederick. 2015. Global Carbon Tax. VOX CEPR's Policy Portal, 15.01. Read more
2014 Chichilnisky, Graciela, Rezai, Armon. 2014. 'Business as Usual' is not an environmentally viable option. Financial Times, 03.03. Read more