Showing 1 - 10 of 520
We construct an overlapping generations model in which agents live through two periods; childhood and adulthood. Each agent makes choices only as an adult, based on her utility that depends on her own consumption and the human capital and environmental quality endowed to her offspring. Entering...
Persistent link: https://www.econbiz.de/10008903420
complement carbon pricing (taxes or permit trading) and improve the economic efficiency of a mitigation policy package? To answer … temperature. The efficiency gains of combining innovation and carbon pricing policies are found to reach about 10% for a …
Persistent link: https://www.econbiz.de/10008728830
diffusion. Their impact on stabilisation costs depends on the nature of R&D: R&D targeted at incremental energy efficiency …
Persistent link: https://www.econbiz.de/10008809693
Business owners of privately held firms have multiple opportunities to decide how much taxable income to take out from their firm and how much to retain within the firm. However, undistributed profits within firms, i.e. retained earnings, are typically invisible in income data, distorting our...
Persistent link: https://www.econbiz.de/10014487348
In many countries, saving in a private pension is tax-advantaged to encourage saving for retirement; however, there is mixed evidence on the extent to which this increases saving. This paper estimates the responsiveness of private pension saving to tax incentives for employees in England and...
Persistent link: https://www.econbiz.de/10014372118
model the process of technological change. In keeping with recent theories of endogenous growth, we specify two ways in …
Persistent link: https://www.econbiz.de/10011589830
relationship between income distribution and income growth, the inverted-U relationship between per capita income and pollution has …
Persistent link: https://www.econbiz.de/10011592727
problem is thus not emissions but economic growth. Therefore the key question is whether or not the Kyoto Protocol provides an … opportunity for growth and thus for their economic development. The only way to accelerate the participation of developing … which enable their economic development. The dilemma of reducing emissions on a global scale while ensuring growth in the …
Persistent link: https://www.econbiz.de/10011592731
The relationship between economic growth and pollution is very complex, depending upon a host of different factors … the class of optimal growth models. These are usually studied from the point of view of the analytical conditions that … must hold in order to obtain an inverted-U functional relationship between pollution and growth. These models are however …
Persistent link: https://www.econbiz.de/10011592753
This paper examines recent theoretical developments of the theory of coalition stability. It focuses on the relationship between the incentives to defect from a coalition, the size of the resulting equilibrium coalition structure, and the different assumptions on membership rules, coalition...
Persistent link: https://www.econbiz.de/10011596053