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Regime Shifts and Uncertainty in Pollution Control

Zeeuw, Aart de; Zemel, Amos - CESifo - 2012

uncertainty. The results, that imply prudent behavior due to uncertainty, are compared with the ambiguous outcomes reported in the …

Persistent link: https://www.econbiz.de/10009416115

Climate Effects of Carbon Taxes, Taking into Account Possible Other Future Climate Measures

Habermacher, Florian; Kirchgässner, Gebhard - CESifo - 2011

The increase of fuel extraction costs as well as of temperature will make it likely that in the medium-term future technological or political measures against global warming may be implemented. In assessments of a current climate policy the possibility of medium-term future developments like...

Persistent link: https://www.econbiz.de/10008914276

Social Security Incidence under Uncertainty Assessing Italian Reforms

Geron, Devis - CESifo - 2009

This paper analyzes the welfare effects of the Italian social security system in an economy with uncertainty on wages …

Persistent link: https://www.econbiz.de/10008583668

Stay in School or Start Working? - The Human Capital Investment Decision under Uncertainty and Irreversibility

Bilkic, Natasa; Gries, Thomas; Pilichowski, Margarethe - CESifo - 2009

under uncertainty and irreversibility. Unlike other approaches we include accumulative schooling costs, and provide a full …

Persistent link: https://www.econbiz.de/10008596569

What is the Best Environmental Policy? Taxes, Permits and Rules under Economic and Environmental Uncertainty

Angelopoulos, Konstantinos; Economides, George; … - CESifo - 2010

We study the importance of uncertainty and public finance to the welfare ranking of three environmental policy … revenues finance public abatement. When the main source of uncertainty is economic, the most efficient recipe is to levy … pollution taxes and use the collected tax revenues to finance public abatement. However, when environmental uncertainty is the …

Persistent link: https://www.econbiz.de/10008596572

How to Deal with Covert Child Labour, and Give Children an Effective Education, in a Poor Developing Country: An Optimal Taxation Problem with Moral Hazard

Cigno, Alessandro - CESifo - 2010

Given that credit and insurance markets are imperfect, and given also that intra-household transfers, and much of the work a child does, are private information, the second-best policy uses a combination of need and merit based education awards, together with a mix of taxes on parental income,...

Persistent link: https://www.econbiz.de/10008596586

Exports, Investment and Firm-Level Sales Volatility

Riaño, Alejandro - CESifo - 2011

This paper presents a dynamic model of risk-averse producers’ decision to invest in physical capital and to export. The model features irreversible investment, no capital markets and fixed and sunk costs to export. Several features of the distribution of investment rates and export...

Persistent link: https://www.econbiz.de/10008833898

Commodity Tax Structure under Uncertainty in a Perfectly Competitive Market

Goerke, Laszlo - CESifo - 2011

In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on … competitive market characterised by uncertainty about the commodity price, if firms can respond to the revelation of demand …

Persistent link: https://www.econbiz.de/10008833902

Announcing Climate Policy: Can a Green Paradox Arise without Scarcity?

Smulders, Sjak; Tsur, Yacov; Zemel, Amos - CESifo - 2010

Unintended consequences of a pre-announced climate policy have been studied in a variety of situations. We show that early announcement of a carbon tax gives rise to a “Green-Paradox,” in that it increases polluting emissions in the interim period (between announcement and actual...

Persistent link: https://www.econbiz.de/10008833906

The Twin Effects of Globalization - Evidence from a Sample of Indian Manufacturing Firms

Daveri, Francesco; Manasse, Paolo; Serra, Danila - CESifo - 2010

and/or may benefit from more rapid careers. Hence, the costs of uncertainty and the benefits of skill upgrading associated …

Persistent link: https://www.econbiz.de/10008671733