tax since European carbon taxes do not include in the tax base those sectors with the lowest marginal costs of carbon …

can help alleviate these costs while maintaining emission reductions …

economic costs of the European carbon market are larger than for national carbon taxes. Second, we explore four factors that …

Using a general-equilibrium simulation model featuring nominal rigidities and monopolistic competition in product and … labor markets, this paper estimates the macroeconomic benefits and international spillovers of an increase in competition …, greater competition produces large effects on macroeconomic performance, as measured by standard indicators. In particular, we …

. To fill this gap, we build a general equilibrium model with heterogeneous agents and firing costs in the tradition of …

that banks, by avoiding (even the appearance of) collusion, now incur the costs of executing customers' orders …

deemed ineligible for rebates. This chapter investigates both the benefits and the costs of output-based updating. It …. The analysis underlines the importance of taking both benefits and costs into account when determining the scale and scope …