For the project "Social Aspects of Market-Based Instruments for Greenhouse Gas Emission Reductions - SoMBI" Austria and Poland were chosen as case study countries to compare the impacts of an EU-wide carbon price combined with different revenue recycling policies. The detailed analysis will...

With a large-scale econometric world model we derive policy multipliers and the parameters for the utility functions for 10 EMU countries and for the ECB. The gains from cooperation are calculated by comparing two equilibria, a Nash and a cooperative equilibrium. The cooperative equilibrium is...