Showing 1 - 10 of 458
the European Union (EU). For this purpose we use linked applied general equilibrium models (AGE) for eleven EU member …, employment and inflation in member countries, and the cost and benefits of a cooperative approach to adhere to a EU target of … quantify the economic impact for the, EU by introducing a EU-wide tradable permit system, free of charge and based on the …
Persistent link: https://www.econbiz.de/10011620808
Persistent link: https://www.econbiz.de/10013428017
We study the preferential treatment of green bonds in the central bank collateral framework as an environmental policy instrument within a DSGE model with environmental and financial frictions. In the model, green and carbon-emitting conventional firms issue defaultable corporate bonds to banks...
Persistent link: https://www.econbiz.de/10013472788
Besley and Persson (2023) pioneer a political economy model of a green transition with changing preferences. Here we solve for the optimal policy intervention and find that the optimal tax on the polluting good starts high and is subsequently declining, to support the transition in preferences....
Persistent link: https://www.econbiz.de/10015053489
Innovation processes toward sustainable development (eco-innovations) have received increasing attention during the past years. Since existing theoretical and methodological frameworks do not address these problems adequately, research need can be identified to improve our understanding of...
Persistent link: https://www.econbiz.de/10013428160
Persistent link: https://www.econbiz.de/10011983150
can be found in literature and in empirical applications, such as the GEM-E3 General Equilibrium Model for the EU … specification are proposed and tested using an EU-wide ecological tax reform scenario. The first change refers to the rest of the …
Persistent link: https://www.econbiz.de/10013428143
Information-based policies play an important role in environmental protection efforts around the world. These policies use information provision and/or disclosure to shape behavior in order to meet the policy objective; for example, mandatory information disclosure requires firms to measure and...
Persistent link: https://www.econbiz.de/10013202842
Persistent link: https://www.econbiz.de/10009746111
Persistent link: https://www.econbiz.de/10012487129