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This paper calculates the CO2e (CO2 equivalents) footprint of private consumption in the EU27 by five groups of household income, using a fully fledged macroeconomic input-output model covering 59 industries and five groups of household income for the EU27. Due to macroeconomic feedback...
Persistent link: https://www.econbiz.de/10011446556
This paper introduces a theory-based equivalence scale for public in-kind transfers, which justifies comparison of …, education and childcare expenditure on estimates of income inequality and poverty for 24 European countries. The empirical … results show significant effects of public in-kind transfers on the level of income inequality and poverty for all countries …
Persistent link: https://www.econbiz.de/10013193777
Purpose This study aims to investigate the influences of global uncertainty indicators volatility on the domestic socioeconomic and environmental vulnerability in a sample of 54 developing countries. Design/methodology/approach: The two-step system generalized method of moments estimator is...
Persistent link: https://www.econbiz.de/10013549746
Carbon taxes on household consumption can simultaneously increase public funding and promote greener consumption habits, an appealing combination for the just transition plans of the European Union (EU). However, concerns about equity and public support pose challenges. This paper assesses the...
Persistent link: https://www.econbiz.de/10015072263
Persistent link: https://www.econbiz.de/10015084574
We introduce a "smart" cap and trade system that eliminates the welfare costs of asymmetric information (“uncertainty”). This cap responds endogenously to technology or macroeconomic shocks, relying on the market price of certificates to aggregate information. It allows policy makers to...
Persistent link: https://www.econbiz.de/10012438358
Persistent link: https://www.econbiz.de/10008696133
We develop a simple model of managing a system subject to pollution damage under risk of an abrupt and random jump in …. -- environmental pollution ; optimal management ; catastrophic transitions ; uncertainty ; adaptation ; mitigation …
Persistent link: https://www.econbiz.de/10009489041
In this study CO2 emissions embodied in Austrian international trade are quantified employing a 66-region input output model of multidirectional trade. We find that Austria's final demand CO2 responsibilities on a global scale are 38% higher than conventional statistics report (110 Mt-CO2 versus...
Persistent link: https://www.econbiz.de/10011392327
This paper studies the empirical relationship between consumption and saving under two different sources of uncertainty: financial risk and environmental risk. The analysis is carried out using time series data for six advanced economies in the period 1965-2007. The results support the...
Persistent link: https://www.econbiz.de/10009235901