Showing 1 - 6 of 6
We examine the relative benefits of policy aimed at mitigating GHG emissions in Canada and globally. We find that while a carbon tax that holds the stock of global emissions below the 550 ppm level would yield positive net benefits for the world economy, the impact of such a tax on the Canadian...
Persistent link: https://www.econbiz.de/10009692245
Persistent link: https://www.econbiz.de/10003921942
The great recession of 2008-2009 resulted in a large fall in trade relative to output. Real trade fell roughly three times more than real GDP in the U.S. and Mexico, and by a factor of five in Canada. The decline in trade and output was particularly large in sectors with high levels of...
Persistent link: https://www.econbiz.de/10009566455
Do cognitive biases call for regulation to limit the use of credit? We incorporate over-optimistic and rational borrowers into an incomplete markets model with consumer bankruptcy. Over-optimists face worse income risk but incorrectly believe they are rational. Thus, both types behave...
Persistent link: https://www.econbiz.de/10013311589
Persistent link: https://www.econbiz.de/10009232951
When evaluating the moral impact of actions that affect animals in a utilitarian framework, numbers are used in calculations. However, there is a great disagreement among scholars involved with animal ethics, both in terms of how much different animals can suffer and how much that suffering...
Persistent link: https://www.econbiz.de/10013289024