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level the carbon playing field and could have potential conflicts with World Trade Organization (WTO) provisions and … Adjustments ; Grandfathering ; Output-Based Allocation ; World Trade Organization …
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This paper studies a dynamic stochastic general equilibrium model involving climate change. Our frame- work allows for feedback effects on the temperature dynamics. We are able to match estimates of future temperature distributions provided in the fifth assessment report of the IPCC (2014). We...
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