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Redistribution Effects of Energy and Climate Policy: The Electricity Market

Hirth, Lion; Ueckerdt, Falko - Fondazione ENI Enrico Mattei (FEEM) - 2012

policies redistribute wealth between consumers and producers, and within these groups. While redistribution is seldom the focus … the redistribution effects of two major electricity policies: support schemes for renewable energy sources, and CO2 … pricing. We find that the redistribution effects of both policies are large, and they work in opposed directions: while …

Persistent link: https://www.econbiz.de/10010603764

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

The Grand Experiment of Communism: Discovering the Trade-off between Equality and Efficiency

Farvaque, Etienne; Mihailov, Alexander; Naghavi, Alireza - Fondazione ENI Enrico Mattei (FEEM) - 2011

social preferences in different economic systems. We introduce inequality-averse and inefficiency-averse agents responding to …

Persistent link: https://www.econbiz.de/10009320986

Using the Law to Change the Custom

Aldashev, Gani; Chaara, Imane; Platteau, Jean-Philippe; … - Fondazione ENI Enrico Mattei (FEEM) - 2010

We build a simple model of legal dualism in which a pro-poor legal reform, under certain conditions, causes the conflicting custom to go some way toward producing the change intended by the legislator. It then acts as an "outside anchor" that exerts a "magnet effect" on the custom. We illustrate...

Persistent link: https://www.econbiz.de/10008642161

The Consequences of Corruption: Evidence from China

Dong, Bin; Torgler, Benno - Fondazione ENI Enrico Mattei (FEEM) - 2010

environment (“grease the wheels” and “sand the wheels”). Corruption is observed to considerably increase income inequality in …

Persistent link: https://www.econbiz.de/10008465524

Is Inequality Harmful for the Environment in a Growing Economy?

Kempf, Hubert; Rossignol, Stéphane - Fondazione ENI Enrico Mattei (FEEM) - 2005

In this paper we investigate the relationship between inequality and the environment in a growing economy from a … and show that inequality is harmful for the environment: the poorer the median voter relative to the average individual …

Persistent link: https://www.econbiz.de/10005570342

Environmental Policy and Capital Movements: The Role of Government Commitment

Marsiliani, Laura; Renström, Thomas I. - Fondazione ENI Enrico Mattei (FEEM) - 2003

the effects of two different constitutions (commitment or no commitment in tax policy), as well as income inequality …

Persistent link: https://www.econbiz.de/10005385496

Protection Motivation Theory and Contingent Valuation: Perceived Realism, Threat and WTP Estimates for Biodiversity Protection

Scarpa, Riccardo; Menzel, Susanne - Fondazione ENI Enrico Mattei (FEEM) - 2005

We report on a discrete-choice CV study conducted in Germany to value the WTP for biodiversity protection in less developed countries. To systematically investigate survey realism and subjective threat assessment from the loss of biodiversity described in the scenario the study includes...

Persistent link: https://www.econbiz.de/10005423244

Evaluating Projects and Assessing Sustainable Development in Imperfect Economies

Arrow, Kenneth; Dasgupta, Partha; Mäler, Karl-Göran - Fondazione ENI Enrico Mattei (FEEM) - 2003

We are interested in three related questions: (1) How should accounting prices be estimated? (2) How should we evaluate policy change in an imperfect economy? (3) How can we check whether intergenerational well-being will be sustained along a projected economic programme? We do not presume that...

Persistent link: https://www.econbiz.de/10005385378

Formation of Segregated and Integrated Groups

Watts, Alison - Fondazione ENI Enrico Mattei (FEEM) - 2006

A model of group formation is presented where the number of groups is fixed and a person can only join a group if the group’s members approve the person’s joining. Agents have either local status preferences (each agent wants to be the highest status agent in his group) or global status...

Persistent link: https://www.econbiz.de/10005385469