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US-Investor George Soros verlangt von Deutschland, Eurobonds zu akzeptieren oder die Eurozone zu verlassen. In seiner Replik weist Hans-Werner Sinn diese Forderung zurück.
Persistent link: https://www.econbiz.de/10010662626
US-Investor George Soros verlangt von Deutschland, Eurobonds zu akzeptieren oder die Eurozone zu verlassen. In seiner Replik weist Hans-Werner Sinn diese Forderung zurück.
Persistent link: https://www.econbiz.de/10011693489
countries are also endangered. Although the EU has tried to contain the euro crisis with extensive rescue operations that have … reconsidered. Yet the euro should not be given up. The euro itself is indispensible for Europe. During the financial crisis it has …After the recent global financial crisis several countries on the eurozone’s south-western periphery, in particular …
Persistent link: https://www.econbiz.de/10011695991
countries are also endangered. Although the EU has tried to contain the euro crisis with extensive rescue operations that have … reconsidered. Yet the euro should not be given up. The euro itself is indispensible for Europe. During the financial crisis it has …After the recent global financial crisis several countries on the eurozone’s south-western periphery, in particular …
Persistent link: https://www.econbiz.de/10008532032
We build a two-sector dynamic general equilibrium model with one-sided substitutability between fossil carbon and biocarbon. One shock only, the discovery of the technology to use fossil fuels, leads to a transition from an initial pre-industrial phase to three following phases: a pure fossil...
Persistent link: https://www.econbiz.de/10010877924
Why have policies aimed at reducing the demand for carbon not succeeded in slowing down global carbon extraction and CO2 emissions, and why have carbon prices failed to increase over the last three decades? This comment argues that this is because of the Green Paradox, i.e. – (the anticipation...
Persistent link: https://www.econbiz.de/10010531859
This note generalizes the Solow-Stiglitz efficiency condition for natural resources to the problem of fossil fuel extraction with a greenhouse effect. The generalized optimality condition suggests that the greenhouse effect implies overextraction in the sense of leaving future generations a...
Persistent link: https://www.econbiz.de/10010264197
Judged by the principle of intertemporal Pareto optimality, insecure property rights and the greenhouse effect both imply overly rapid extraction of fossil carbon resources. A gradual expansion of demand-reducing public policies - such as increasing ad-valorem taxes on carbon consumption or...
Persistent link: https://www.econbiz.de/10010264200
We build a two-sector dynamic general equilibrium model with one-sided substitutability between fossil carbon and biocarbon. One shock only, the discovery of the technology to use fossil fuels, leads to a transition from an inital pre-industrial phase to three following phases: a pure fossil...
Persistent link: https://www.econbiz.de/10011083327
We build a two-sector dynamic general equilibrium model with one-sided substitutability between fossil carbon and biocarbon. One shock only, the discovery of the technology to use fossil fuels, leads to a transition from an initial pre-industrial phase to three following phases: a pure fossil...
Persistent link: https://www.econbiz.de/10010290748