Dr. 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
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 |