Showing 41 - 50 of 64
Nicht nur die Bundesregierung, auch die Wirtschaftsforschungsinstitute und der Sachverständigenrat haben ihre Wachstumsprognosen für das Jahr 2015 gesenkt. Kann angesichts des schwieriger gewordenen wirtschaftlichen Umfelds ein ausgeglichener Bundeshaushalt erreicht werden? Ludger Schuknecht...
Persistent link: https://www.econbiz.de/10010465279
On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial College) gave the SUERF 2015 Annual Lecture on Capital and...
Persistent link: https://www.econbiz.de/10011557140
We analyze a n-country, two-period Nash tax competition game to evaluate Sinn's proposal to use capital income taxation as a means to decelerate fossil fuel ex- traction (Sinn, 2008). The interest and discount rate is determined on a perfectly competitive consumer loan market on which the...
Persistent link: https://www.econbiz.de/10012127909
We assess a 2-period, non-cooperative equilibrium of an n country policy game where countries chose either (i) carbon taxes, (ii) cap-and-trade policy with local permit markets or (iii) cap-and-trade policy with internationally linked permit markets and potential central redistribution of permit...
Persistent link: https://www.econbiz.de/10012035555
Consider a lobby group of exhaustible-resource suppliers, which bargains with the government over the extraction of an exhaustible resource and over contribution payments. We characterize the path of contributions and the resulting extraction path, taking into account how the environmental...
Persistent link: https://www.econbiz.de/10011301410
The present paper analyzes the impact of a climate coalition's border carbon adjustment on emissions from commodity production, welfare and the coalition size. The coalition implements border carbon adjustment to reduce carbon leakage and to improve its terms of trade, while the fringe abstains...
Persistent link: https://www.econbiz.de/10012287848
Persistent link: https://www.econbiz.de/10013253892
This paper compares the Kyoto Protocol and the Paris Agreement in the dynamic game of Battaglini and Harstad (2016). The asymmetric Nash solution of this game reflects the Paris Agreement, whereas the symmetric Nash solution reflects the Kyoto Protocol. In a large set of economies, the Kyoto...
Persistent link: https://www.econbiz.de/10012623196
In this article, we propose a sequential Nash bargaining solution and apply it to a dynamic bargaining game on exhaustible-resource extraction. The government and two agents bargain via the asymmetric Nash bargaining solution. Should the trilateral negotiation fail, the government chooses one...
Persistent link: https://www.econbiz.de/10011527623
Persistent link: https://www.econbiz.de/10012097529