U.S.and Germany. The benchmark for assessing the empirical analyses theoretically is the general equilibrium framework … reality of labour market rationing and itsdistributional implications both in the U.S. and Germany. … U.S.and Germany. The benchmark for assessing the empirical analyses theoretically is the general equilibrium framework …

not significant and, hence, trade prohibitive and other factors – self-sufficiency incompliance and low allowance price …

investigation may considerably differ in terms of macroeconomic implications. Unilateral policy designs – inter-sectoral CO2 price …

price effect of purchasing funds reduces environmental gain from the purchasing fund and, in some cases, may make a … counterproductive even if the price feedback effect is recognized. This strategy, however, will have the smallest impact on output price … strategy that targets low-cost resources will result in the largest reduction in production and the largest output price …