Heinisch, KatjaHoltemöller, OliverSchult, Christoph2025-05-302020kxp: 174228843Xhttps://epflicht.bibliothek.uni-halle.de/handle/123456789/10073174228843Xurn:nbn:de:gbv:3:2-1376033106232In the fight against global warming, the reduction of greenhouse gas emissions is a major objective. In particular, a decrease in electricity generation by coal could contribute to reducing CO2 emissions. We study potential economic consequences of a coal phase-out in Germany, using a multi-region dynamic general equilibrium model. Four regional phase-out scenarios before the end of 2040 are simulated. We find that the worst case phase-out scenario would lead to an increase in the aggre-gate unemployment rate by about 0.13 [0.09 minimum; 0.18 maximum] percentage points from 2020 to 2040. The effect on regional unemployment rates varies be-tween 0.18 [0.13; 0.22] and 1.07 [1.00; 1.13] percentage points in the lignite regions. A faster coal phase-out can lead to a faster recovery. The coal phase-out leads to migration from German lignite regions to German non-lignite regions and reduces the labour force in the lignite regions by 10,100 [6,300; 12,300] people by 2040. A coal phase-out until 2035 is not worse in terms of welfare, consumption and employ- ment compared to a coal-exit until 2040.1 Online-Ressource (III, ca. 113 Seiten, 11,95 MB) : Diagrammeenghttp://rightsstatements.org/vocab/InC/1.0/330Book