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; externalities ; second-best …
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internalize consumption externalities. It is demonstrated that the optimal second-best tax on an externality-generating good … redistribution ; externalities …
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regulation. We illustrate our results in applications to financial regulation with environmental externalities, shadow banking …
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This study compares energy and emission taxes used to control pollution and provide incentives for the adoption of an advanced abatement technology in a Cournot oligopoly. We examine multistage games where the government may intervene in order to maximize social welfare by setting an...
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