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This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...
Persistent link: https://www.econbiz.de/10011547505
This paper describes the WITCH - World Induced Technical Change Hybrid - model in its structure, calibration, and the …
Persistent link: https://www.econbiz.de/10011487772