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A Public Finance Perspective on Climate Policy: Six Interactions That May Enhance Welfare

Siegmeier, Jan; Mattauch, Linus; Franks, Max; Klenert, David - Fondazione ENI Enrico Mattei (FEEM) - 2015

Climate change economics mostly neglects sizeable interactions of carbon pricing with other fiscal policy instruments. Conversely, public finance typically overlooks the effects of future decarbonization efforts when devising instruments for the major goals of fiscal policy. We argue that such a...

Persistent link: https://www.econbiz.de/10011268596

Insuring Sovereign Debt Against Default.

Babbel, D.F. - World Bank Group - 1996

This World Bank Discussion Paper brings together two contributions on external debt issues. The first paper discusses the insurability of sovereign debt against default. The second paper reviews numerous studies that have been conducted over the years to identify the variables that could predict...

Persistent link: https://www.econbiz.de/10005669758

Evaluating Public Spending: A Framework for Public Expenditure Reviews.

Pradhan, S. - World Bank Group - 1996

This paper presents a framework for evaluating the level and composition of public expenditures, illustrated by sectoral and country examples.

Persistent link: https://www.econbiz.de/10005779904

Tinbergen and Theil Meet Nash: Controllability in Policy Games

Bartolomeo, Giovanni Di; Acocella, Nicola - Fondazione ENI Enrico Mattei (FEEM) - 2005

This paper generalizes the classical theory of economic policy to a static LQ-strategic context between n players. We show how this generalized version of controllability can profitably be used to deal with policy ineffectiveness issues and Nash equilibrium existence.

Persistent link: https://www.econbiz.de/10005385510

Is There any Scope for Corporatism in Stabilization Policies?

Bartolomeo, Giovanni Di; Acocella, Nicola; Pauwels, Wilfried - Fondazione ENI Enrico Mattei (FEEM) - 2004

This paper studies corporatism as the outcome of bargaining between the government and a representative labor union. When negotiations between these two parties only relate to macroeconomic stabilization, we show that corporatism can never be beneficial to both parties. As corporatist policies...

Persistent link: https://www.econbiz.de/10008489608

Dynamic Controllability with Overlapping targets: A Generalization of the Tinbergen-Nash Theory of Economic Policy

Bartolomeo, Giovanni Di; Acocella, Nicola; Hallett, … - Fondazione ENI Enrico Mattei (FEEM) - 2005

We generalize some recent results developed in static policy games with multiple players, to a dynamic context. We find that the classical theory of economic policy can be usefully applied to a strategic context of difference games: if one player satisfies the Golden Rule, then either all other...

Persistent link: https://www.econbiz.de/10005423174

Climate Change Adaptation, Development, and International Financial Support: Lessons from EU Pre-Accession and Solidarity Funds

Przyluski, Valentin; Hallegatte, Stéphane - Fondazione ENI Enrico Mattei (FEEM) - 2010

Funding adaptation requires adequate governance and there are different ways to organise and channel the funds to where it is most efficient and most necessary. This paper investigates this issue and studies the practical implementation of a development under conditionality, namely...

Persistent link: https://www.econbiz.de/10008828400

Bio-Ecological Diversity vs. Socio-Economic Diversity: A Comparison of Existing Measures

Maignan, Carole; Ottaviano, Gianmarco; Pinelli, Dino; … - Fondazione ENI Enrico Mattei (FEEM) - 2003

This paper aims to enrich the standard toolbox for measuring diversity in economics. In so doing, we compare the indicators of diversity used by economists with those used by biologists and ecologists. Ecologists and biologists are concerned about biodiversity: the diversity of organisms that...

Persistent link: https://www.econbiz.de/10005385349

Reconsidering The Impact of Environment on Long-Run Growth When Pollution Influences Health and Agents Have Finite-Lifetime

Pautrel, Xavier - Fondazione ENI Enrico Mattei (FEEM) - 2006

that the influence of environment on optimal growth in the long-run may be explained by the detrimental effect of pollution … on life expectancy. It also shows that, in such a case, greener preferences are growth- and welfare-improving even if the …

Persistent link: https://www.econbiz.de/10005385426

Pollution, Health and Life Expectancy: How Environmental Policy Can Promote Growth

Pautrel, Xavier - Fondazione ENI Enrico Mattei (FEEM) - 2007

This article investigates the influence of environmental policy on growth assuming that the channel of transmission … (1985) where growth is driven by a mechanism à la Romer (1986). We demonstrate that environmental policy has an ambiguous … effect on growth in the steady-state when the detrimental impact of pollution on health and lifetime is taken into account …

Persistent link: https://www.econbiz.de/10005385436

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