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Optimal Taxes on Fossil Fuel in General Equilibrium

Golosov, Mikhail; Hassler, John; Krusell, Per; … - In: Econometrica 82 (2014) 1, pp. 41-88

We analyze a dynamic stochastic general‐equilibrium (DSGE) model with an externality—through climate change—from using fossil energy. Our central result is a simple formula for the marginal externality damage of emissions (or, equivalently, for the optimal carbon tax). This formula, which...

Persistent link: https://www.econbiz.de/10011006217

Capital-Skill Complementarity and Inequality: A Macroeconomic Analysis

Krusell, Per; Ohanian, Lee E.; RÌos-Rull, JosÈ-Victor; … - In: Econometrica 68 (2000) 5, pp. 1029-1054

Persistent link: https://www.econbiz.de/10005332092

Constrained Efficiency in the Neoclassical Growth Model With Uninsurable Idiosyncratic Shocks

Dávila, Julio; Hong, Jay H.; Krusell, Per; … - In: Econometrica 80 (2012) 6, pp. 2431-2467

Persistent link: https://www.econbiz.de/10011026288

Consumption--Savings Decisions with Quasi--Geometric Discounting

Krusell, Per; Anthony A. Smith, Jr. - In: Econometrica 71 (2003) 1, pp. 365-375

Persistent link: https://www.econbiz.de/10005231344

Modeling Earnings Dynamics

Altonji, Joseph G.; Anthony A. Smith Jr.; Vidangos, Ivan - In: Econometrica 81 (2013) 4, pp. 1395-1454

Persistent link: https://www.econbiz.de/10010681510