The environmental poverty trap (see for example: Fodha and Seegmuller, 2012; 2014) gives renewed interest to the analysis of the economic effects of environmental policy financing in developing countries. Our contribution to the literature is to analyze the effect on public debt dynamics of...

This article explores whether altruistic preferences toward households in poor high-temperature countries stimulate global warming policies within rich low-temperature countries that avoids damage from global warming. The article analyzes optimal carbon taxes on commodities within such rich...

This paper considers one altruistic developed country and several heterogeneous developing countries. We demonstrate that the lack of coordination between countries in tackling climate change finds an optimal solution if developing countries can expect to receive development aid transfers from...