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We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by …-efficient households if and only if social inequality aversion is sufficiently high. We further find that redistribution of carbon tax … households’ energy efficiency. …
Persistent link: https://www.econbiz.de/10012600155
We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by …-efficient households if and only if social inequality aversion is sufficiently high. We further find that redistribution of carbon tax … households’ energy efficiency. …
Persistent link: https://www.econbiz.de/10012485343
Persistent link: https://www.econbiz.de/10013462503
international policy coordination - unless the world economy becomes dynamically inefficient. -- emission permit policies ; trade …
Persistent link: https://www.econbiz.de/10003882562
Persistent link: https://www.econbiz.de/10014440744
capture serves as a redistribution tool when direct lump-sum transfers across regions are unfeasible. …
Persistent link: https://www.econbiz.de/10014632377
Climate change economics mostly neglects sizeable interactions of carbon pricing with other fiscal policy instruments. Conversely, public finance typically overlooks the effects of future decarbonization efforts when devising instruments for the major goals of fiscal policy. We argue that such a...
Persistent link: https://www.econbiz.de/10010508515
Persistent link: https://www.econbiz.de/10002683340
Persistent link: https://www.econbiz.de/10003345242