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subsidy and compare the resulting welfare level with an efficient first-best carbon pricing policy. If carbon pricing is …, we show that small deviations from the second-best subsidy can lead to strong increases in emissions and consumption …
Persistent link: https://www.econbiz.de/10014180771
International negotiations for an agreement to reduce the emission of greenhouse gases are unlikely to produce concrete and comprehensive policies for effective emission reductions in the near term, not least because the policy measures being considered are economically very costly to major...
Persistent link: https://www.econbiz.de/10014085223
of a price subsidy and of a cash benefit on child welfare are then derived. In particular, it is shown that 'favorable …
Persistent link: https://www.econbiz.de/10003581183
Higher education is subsidized worldwide, although with pronounced differences in levels of subsidization. While public funds account for about 90% of universities' budgets in Scandinavian countries, the share of public funds in Great Britain and the US is less that 30%. Subsidization is...
Persistent link: https://www.econbiz.de/10013080389
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The United States has long suffered from a schizophrenia about energy policy. The importance of one of the factors in energy policy, the environment, has never been formally defined. Climate change adds another distinct layer to this complexity, as neither energy policies nor environmental...
Persistent link: https://www.econbiz.de/10013098993
of a price subsidy and of a cash benefit on child welfare are then derived. In particular, it is shown that 'favorable …
Persistent link: https://www.econbiz.de/10010272355
Long-term unemployment can lead to skill attrition and have detrimental effects on future employment prospects, particularly following periods of economic crises when employment growth is slow and cannot accommodate high levels of unemployment. Addressing this problem requires the use of active...
Persistent link: https://www.econbiz.de/10011432202
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