At what rate should a government price carbon emissions? This paper analyzes optimal carbon pricing while taking into account interactions with the taxation of labor and capital income. In an otherwise standard climate-economy model, the policy maker has to resort to a distortionary tax on labor...

This paper examines how income inequality can affect the polarization of heterogeneous party platforms on climate policy (here: carbon tax). The implied consequences for the uncertainty of climate policy can be relevant for risk-averse investors in "green" technologies. Households are...

This dissertation deals with the complex and multifaceted issue of climate change and climate policy. Since the problem touches upon many disciplines and also subfields within economics, the present study tries to bridge the gaps between different areas and dimensions of economic analysis....

Value issues such as climate policy, immigration, or identity politics are among the most polarizing policy issues in the U.S. and other high-income countries. That polarization has been rising over the last decades. I investigate a novel channel of income inequality and political campaign...

Die Bundesregierung hat sich ambitionierte Klimaziele gesetzt: Die Treibhausgasemissionen sollen bis zum Jahr 2020 um 40%, bis zum Jahr 2030 sogar um 55% sinken. Zum Erreichen dieser Klimaziele sprechen sich die meisten Ökonomen für eine Ausweitung des europäischen Emissionshandels auch auf...

Ein vom ifo Institut entwickeltes Konzept zur CO2-Bepreisung mit dem Titel »Flexcap« verbindet die Vorteile von CO₂-Steuer und Emissionshandelssystem und stellt eine effizientere Lösung als die Reinform beider Instrumente dar. Ein reines Emissionshandelssystem wälzt alle Unsicherheit in...

At what rate should a government price carbon emissions? This paper analyzes optimal carbon pricing while taking into account interactions with the taxation of labor and capital income. In an otherwise standard climate-economy model, the policy maker has to resort to a distortionary tax on labor...