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Designing fiscal policy to address the external costs of energy
Parry, Ian W. H. - 2014
This paper first reviews the conceptual case for, and appropriate design of, fiscal policies to address major externalities associated with energy use-global warming, local air pollution, and various side effects (e.g., congestion) from motor vehicles. Techniques for (roughly) estimating the...
Persistent link: https://www.econbiz.de/10010465151
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The effects of increases in carbon prices in Malta : a study using MEDSEA-NRG
Rapa, Noel - 2024
This paper documents the extension of MEDSEA, a small open economy DSGE model for Malta, with a detailed energy sector. The model contains relatively rich fiscal and energy blocks allowing the model to simulate the transitional costs related to the economy's decarbonisation, together with the...
Persistent link: https://www.econbiz.de/10014633518
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Stranded capital in production networks: implications for the economy of the Euro area
Grüning, Patrick; Kantur, Zeynep - 2023
Persistent link: https://www.econbiz.de/10014449964
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Will COVID-19 fiscal recovery packages accelerate or retard progress on climate change?
Hepburn, Cameron; O’Callaghan, Brian; Stern, Nicholas H. - In: Oxford review of economic policy 36 (2020), pp. S359-S381
Persistent link: https://www.econbiz.de/10012405772
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Fiscal tools for subnational ecosystem and climate action
Yılmaz, Serdar; Zahir, Farah - 2022
Persistent link: https://www.econbiz.de/10013500569
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Environmental policy and the economic downturn
Bowen, Alex; Stern, Nicholas H. - In: Oxford review of economic policy 26 (2010) 2, pp. 137-163
Persistent link: https://www.econbiz.de/10003994053
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How to finance climate change policies? : evidence from consumers' beliefs
D'Acunto, Francesco; Möhrle, Sascha; Neumeier, Florian; … - 2022
Climate change policies have been rising to the top of the global political agenda, but how should governments finance them? Public economists propose solutions based on economic theory, but their political feasibility depends on voters' support, and ordinary households often neglect economic...
Persistent link: https://www.econbiz.de/10013186775
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Fiscal transfers, climate risks, and partisan politics: does the nature of climate risk matter?
Kumar, K. S. Kavi; Pattanayak, Anubhab - 2022
Persistent link: https://www.econbiz.de/10014226675
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Is public debt environmentally friendly? : the role of EU fiscal rules on environmental quality : an empirical assessment
Carnazza, Giovanni; Renström, Thomas I.; Spataro, Luca - 2023
The EU has embarked on multiple initiatives reflecting its commitment to environmental enhancement and sustainable …-friendly policies and sustainable practices within the region. Conversely, the fiscal rules within the EU, designed to manage budgetary … with the environmental goals set forth by the EU. To address this issue, using a panel of 27 European member countries …
Persistent link: https://www.econbiz.de/10014445352
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Climate policies, labor markets, and macroeconomic outcomes in emerging economies
Finkelstein Shapiro, Alan; Nuguer, Victoria - 2023
We study the labor market and macroeconomic effects of introducing a carbon tax in the energy sector in emerging economies (EMEs) by building a framework with equilibrium unemployment and firm entry that incorporates key elements of the distinct employment and firm structure of EMEs. Our model...
Persistent link: https://www.econbiz.de/10014460792