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This paper reviews lessons that can be learned from U.S. experiences with market-based environmental policies and from related research. Highlights of U.S. experience are summarized with four categories of policy instruments: pollution charges; tradable permits; market friction reductions; and...
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effects of the US economic policy uncertainty on the Korea economic uncertainty as well as Korea-US foreign exchange risk. The … comparatively high; (ii) the US policy uncertainty plays a stronger and more consistent role in Korean currency risk than Korea …
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