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We study the role of the anticipation of climate policies on equity and economic growth in a numerical model of general equilibrium. The presence of the anticipation period allows the agents to adjust their choices before policy implementation. This period might change the equilibrium dynamics....
Persistent link: https://www.econbiz.de/10013223030
Persistent link: https://www.econbiz.de/10012438105
In many studies involving complex representation of the Earth's climate, the number of runs for the particular model is highly restricted and the designed set of input scenarios has to be reduced correspondingly. Furthermore, many integrated assessment models, in particular those focusing on...
Persistent link: https://www.econbiz.de/10011625974
We study the role of the anticipation of climate policies on equity and economic growth in a numerical model of general equilibrium. The presence of the anticipation period allows the agents to adjust their choices before policy implementation. This period might change the equilibrium dynamics....
Persistent link: https://www.econbiz.de/10012544326
Persistent link: https://www.econbiz.de/10015071578
There is widespread concern that climate policy is moving too slowly and that decarbonization of economic development is coming too late for effective climate protection. We analyze three different effects that emerge endogenously during decarbonization and amplify current policies: growing...
Persistent link: https://www.econbiz.de/10014502190