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The social cost of carbon and inequality : When local redistribution shapes global carbon prices
Kornek, Ulrike; Klenert, David; Edenhofer, Ottmar; … - In: Journal of environmental economics and management : … 107 (2021), pp. 1-31
Persistent link: https://www.econbiz.de/10012694587
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Optimal fiscal policy in a climate-economy model with heterogeneous households
Douenne, Thomas; Hummel, Albert Jan; Pedroni, Marcelo - 2024
Persistent link: https://www.econbiz.de/10014549846
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An exploratory comparison of income risk in Germany and the United States
Castronova, Edward - In: The review of income and wealth : journal of the … 41 (1995) 4, pp. 405-426
Persistent link: https://www.econbiz.de/10001192693
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The Social Cost of Carbon and Inequality : When Local Redistribution Shapes Global Carbon Prices
Kornek, Ulrike - 2019
The social cost of carbon is the central economic measure for aggregate climate change damages and functions as a metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social cost of carbon, but mostly neglects a major source of...
Persistent link: https://www.econbiz.de/10012870643
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The social cost of carbon and inequality : when local redistribution shapes global carbon prices
Kornek, Ulrike; Klenert, David; Edenhofer, Ottmar; … - 2019
The social cost of carbon is the central economic measure for aggregate climate change damages and functions as a metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social cost of carbon, but mostly neglects a major source of...
Persistent link: https://www.econbiz.de/10012002880
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Essays in macroeconomic theory and natural resources
Jaimes, Richard - 2020
Persistent link: https://www.econbiz.de/10012312109
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Greener fleet, cleaner air : how Low Emission Zones reduce pollution
Aydin, Eren; Gehrsitz, Markus; Traxler, Christian - 2024
Using a stacked differences-in-differences approach, we study the effects of Low Emission Zones (LEZs) in Germany. The implementation of stage 1 and 2 LEZs, which banned the most pollution-intensive vehicles from city centers, significantly reduced PM10 concentrations. The most restrictive third...
Persistent link: https://www.econbiz.de/10014582278
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Redistribution and insurance with simple tax instruments
Findeisen, Sebastian; Sachs, Dominik - 2015
provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … bound on optimal taxes: even for welfare functions that do not value redistribution, marginal tax rates are positive for all …
Persistent link: https://www.econbiz.de/10011283108
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Optimal carbon taxation and horizontal equity
Hänsel, Martin C.; Franks, Max; Kalkuhl, Matthias; … - 2021 - Thus version: March 11,2021
We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by …-efficient households if and only if social inequality aversion is sufficiently high. We further find that redistribution of carbon tax …
Persistent link: https://www.econbiz.de/10012600155
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Optimal carbon taxation and horizontal equity : a welfare theoretic approach with application to German household data
Hänsel, Martin C.; Franks, Max; Kalkuhl, Matthias; … - 2021
We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by …-efficient households if and only if social inequality aversion is sufficiently high. We further find that redistribution of carbon tax …
Persistent link: https://www.econbiz.de/10012485343