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This paper evaluates the aggregate impact of air pollution regulations introduced by the US Environmental Protection Agency in the early 2000s. We first provide regression evidence on the regulations' effects across industries and local labor markets. We then use these results to calibrate a...
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The EU has a consolidated climate and energy regulation: it played a pioneering role by adopting a wide range of … climate change policies and establishing the first regional Emission Trading Scheme (EU ETS). These policies, however, raise … the potential extra-EU spillover of the EU mitigation policy with a particular attention to developing countries. The …
Persistent link: https://www.econbiz.de/10011457751
The growing attention to global warming due to greenhouse gas (GHG) emissions in the process of fossil fuel--based energy production is expressed in the Kyoto Protocol, which prescribes, on average, a 7 percent reduction in GHG emissions for developed countries. Although Israel was not included...
Persistent link: https://www.econbiz.de/10003659552
We analyze the quantitative labor market and aggregate effects of a carbon tax in a framework with pollution externalities and equilibrium unemployment. Our model incorporates endogenous labor force participation and two margins of adjustment influenced by carbon taxes: firm creation and green...
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