This paper investigates the implications of U.S. withdrawal on environmental effectiveness, economic efficiency, and the distribution of compliance costs taking into account market power of the Former Soviet Union (FSU) on emission permit markets. While exercise of market power on behalf of FSU...

The economic effects of environmental taxes depend on the market structure. Under imperfect competition with free entry and exit, environmental taxes have an impact on economies of scale by changing the number and size of firms. Whether economies of scale rise or fall in a particular industry...

Despite of the apparent failure of the Kyoto Protocol with respect to environmental effectiveness, it has established a broad international mechanism that might be able to provide a global reduction of greenhouse gas emissions during a second commitment period. In this paper we investigate the...

Implementation of an EU-wide emissions trading system by means of National Allocation Plans is at the core of European environmental policy agenda. Member States are faced with the problem of allocating their national emission budgets under the EU Burden Sharing Agreement between...

We investigate the importance of ?what?-flexibility on top of ?where?- and ?when?-flexibility for alternative emission control schemes that prescribe long-term temperature targets and eventually impose additional constraints on the rate of temperature change. We find that ?what?-flexibility...

Global impact assessment of unilateral climate policies is commonly based on multi-sector, multi-region computable general equilibrium (CGE) models that are calibrated to consistent accounts of production, consumption, and bilateral trade flows. However, global economic databases such as GTAP...

Drei wichtige Entwicklungen werden die Sozialpolitik des neuen Jahrhunderts in Deutschland prägen: die Alterung der deutsche Bevölkerung, die zunehmende Mobilität und Farbigkeit der Lebens- und Erwerbshistorien, und der Wertewandel, der die Sozialleistungen des Staates zunehmend...

Trotz der Rentenreform 1992, der vielen anschließenden Nachbesserungen, und der neuerlichen Anläufe für eine Rentenreform in den Jahren 1998 und 1999 hat die rentenpolitische Debatte in Deutschland nicht aufgehört. Das ist nicht weiter verwunderlich, denn die tief liegenden Probleme unseres...

Mit der deutschen Vereinigung war ein massiver Einbruch der Geburtenzahlen in den neuen Bundesländern (NBL) verbunden. Diese Arbeit analysiert zum einen mit dem theoretischen Rahmen der neoklassischen Bevölkerungsökonomie die Incentivewirkungen der Institutionen, die vor und nach der...

Throughout the world, population aging is a major challenge that will continue well into the 21st century. While the patterns of the demographic transition are similar in most countries, timing differs substantially, in particular between industrialized and less developed countries. To the...