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Dr. Max Franks
RD III / Policy Instruments
Research
Max Franks is a member of the Policy Instruments group. The focus of his research lies on the possibilities for unilateral climate policy and the interface between public economics and the economics of climate change. In particular this includes the areas of sustainable development, tax competition, the supply side dynamics of fossil resource extraction, and the intra- and intergenerational distribution of wealth.
On carbon pricing and sustainable development, see this press release: https://www.pik-potsdam.de/news/press-releases/flipping-the-switch-making-use-of-carbon-price-dollars-for-health-and-education
On inequality and policy options to redistribute wealth, see this press release: https://www.pik-potsdam.de/news/press-releases/wealth-inequality-closing-the-gap-by-taxing-land-and-bequests
Work in progress
Tax competition among asymmetric countries with international capital and fossil resource markets.
Wealth redistribution and welfare implications of land rent taxes.
Social costs of carbon and the time path of the optimal carbon tax.
Peer reviewed articles
Max Franks, Kai Lessmann, Michael Jakob, Jan Steckel, and Ottmar Edenhofer (2018). "Mobilizing Domestic Resources for the Agenda 2030 via Carbon Pricing" Nature Sustainability 1, p 350-357. DOI: 10.1038/s41893-018-0083-3.
Max Franks, David Klenert, Anselm Schultes, Kai Lessmann, and Ottmar Edenhofer (2018). "Is Capital Back? The Role of Land Ownership and Savings Behavior." International Tax and Public Finance 25(5), p 1252-1276. DOI: 10.1007/s10797-018-9486-3. Download accepted manuscript here.
Siegmeier, Jan, Linus Mattauch, Max Franks, David Klenert, Anselm Schultes, and Ottmar Edenhofer (2018). "The fiscal benefits of stringent climate change mitigation: an overview." Climate Policy 18(3), p 352-367. DOI: 10.1080/14693062.2017.1400943. Download accepted manuscript here.
Gregor Schwerhoff, Max Franks (2018). "Optimal Environmental Taxation with Capital Mobility." Fiscal Studies 39(1), p. 39-63. DOI: . Download pre-print (pre-refereeing) here. Accepted manuscript will become available April 2019.
Max Franks, Ottmar Edenhofer, and Kai Lessmann (2017): "Why Finance Ministers Favor Carbon Taxes, Even if They Do Not Take Climate Change into Account." Environmental and Resource Economics 68(3), p 445-472. DOI: 10.1007/s10640-015-9982-1. Download accepted manuscript here.
Other publications
Ottmar Edenhofer und Max Franks (2017): Kann ein CO2-Preis nachhaltige Entwicklung finanzieren?, In: Ischinger, W., Messner, D. (eds.): Deutschlands Neue Verantwortung - Die Zukunft der deutschen und europäischen Außen-, Entwicklungs- und Sicherheitspolitik, Econ Verlag, 170-177, http://www.deutschlands-verantwortung.de/beitraege/kann-ein-co2-preis-nachhaltige-entwicklung-finanzieren
Max Franks (2016). "Rents, Taxes, and Distribution: Towards a New Public Economics of Climate Change." PhD thesis, TU Berlin, http://dx.doi.org/10.14279/depositonce-5585.
| Awards | |||
| 2016 | Potsdam Young Scientist Award for an outstanding PhD thesis | ||
| 2015 | Best Overall Paper of the Green Growth Knowledge Platform's 3rd annual conference | ||
| Conferences | |||
| 2018 | WCERE, Gothenburg | 1st EAYE workshop on Housing and Macroeconomics, Leipzig | IFO Workshop on Heterogeneous Agents and the Macroeconomics of Climate Change |
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| 2017 | Journées Louis-André Gérard-Varet, Aix-En-Provence, France | PET, Paris, France | 6th Lindau Nobel Laureate Meeting on Economic Sciences |
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| 2016 | Taxation Theories Conference, Toulouse | OLG Days, Luxembourg | ||
| 2015 | Annual Conference of the Green Growth Knowledge Platform, Venice | AURÖ workshop, Hamburg | ICP workshop, Berlin | EAERE, Helsinki | Invitation of the French Foreign Ministry to a roundtable discussion hosted by Observer Research Foundation (ORF) and Gesellschaft für internationale Zusammenarbeit (GIZ), Paris | ||
| 2014 | MCC Workshop for Public Finance, Berlin | Annual Conference of the Societa Italiana Economica Publica, Pavia |
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| Teaching | |||
| 2018/19 | Winter Term, Economics of Climate Policy (with Ottmar Edenhofer), Technische Universität Berlin | ||
| 2018 | Summer Term, Economics of Climate Change (with Ottmar Edenhofer and Kerstin Burghaus), Technische Universität Berlin | ||
| 2017/18 | Winter Term, Economics of Climate Policy (with Ottmar Edenhofer), Technische Universität Berlin | ||
| 2017 | Summer Term, Economics of Climate Change (with Ottmar Edenhofer), Technische Universität Berlin | ||
| 2013 | Summer Term, Climate Change Economics: Green Growth and New Models of Prosperity -- Fairy Tale or Strategy? (responsible: Ottmar Edenhofer), Technische Universität Berlin | ||
| Education | |||
| 2012 - 2015 | PhD student at PIK in Research Domain III - Sustainable Solutions | ||
| 2006 - 2011 | German Diploma in Mathematics, Minor in Physics, Humboldt Universität zu Berlin. | ||
| 2009 - 2010 | Education Abroad Program of the University of California, Berkeley. | ||
| 2004 - 2006 | German Vordiplom in Physics, Universität Regensburg |
Reviews
Environmental and Resource Economics; International Environmental Agreements: Politics, Law and Economics; Environmental Modeling and Assessment; Journal of Environmental Management.
Social life at PIK
Max Franks organizes PIK's lunch lottery, which is a great way to get to know the people who work on Telegraph Hill a bit better. Everybody is welcome to join!
Contact
D-14412 Potsdam, Germany
Tel: 288 - 20763
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