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damage function. This result offers a simple rule to account for inequality in the design of climate policy. We show that … wealthier regions should bear more responsibility for carbon capture to cleanse the atmosphere, and that inequality per se does … capture serves as a redistribution tool when direct lump-sum transfers across regions are unfeasible. …
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that quantitative answers regarding the reduction-redistribution trade-offs of such policies remain limited. Looking at the … reduction-redistribution trade-off of different policy mixes. Our results for the reduction-redistribution trade-off show that a …
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Understanding the distributional impacts of market-based climate policies is crucial to design economically efficient climate change mitigation policies that are socially acceptable and avoid adverse impacts on the poor. Empirical studies that examine the distributional impacts of carbon pricing...
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In recent years, policymakers across the globe have become increasingly interested in not only the revenue consequences of tax policies but also their distributional impacts: that is, their impacts on different segments of the population. Such evidence can promote a more equitable and...
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