Gallastegui, M. C.; González-Eguino, M.; Galarraga, I. - In: SERIEs - Journal of the Spanish Economic Association 3 (2012) 1/2, pp. 111-132
Climate change is an important environmental problem and one whose economic implications are many and varied. This paper starts with the presumption that mitigation of greenhouse gases is a necessary policy that has to be designed in a cost effective way. It is well known that market instruments...