compensate firms for international labor cost differentials. Using panel data for western Europe, we then put the model … in eastern Europe, we find strong support for the model prediction that countries with relatively high labor costs tend …

income in pollution mitigation in exchange for a transfer to their old-age capital income paid by the next generation. We … bargaining leads to a steady state with lower pollution stock and higher income compared to the steady state without a contract … improving mitigation is no longer possible and the economy converges to a steady state with high pollution stock and low income …

We study optimal pollution abatement under a mixed oligopoly game when firms engage in emissions-reducing R&D that is … certain conditions, the optimal pollution tax is positive; otherwise, the tax reverts to a subsidy. Comparing mixed and …

We develop a simple model of managing a system subject to pollution damage under risk of an abrupt and random jump in …