inequality have implications for antitrust, regulation, trade, and other policies that influence market power, which contributes …

This paper studies optimal second-best corrective regulation, when some agents/activities cannot be perfectly regulated … apply our results to scenarios with unregulated agents/activities, uniform regulation across agents/activities, and costly … regulation. We illustrate our results in applications to financial regulation with environmental externalities, shadow banking …

hypothesis may emerge as a market configuration with all green firms spurred by environmental regulation, even if consumers are …

metrics, including impacts on carbon dioxide (CO2) emissions, revenue, deaths from local air pollution, economic welfare …

stricter environmental policy induces some pollution-saving technological change, it may do so at the cost of a reduced overall …, the presence of additional distortions drive wedges between the social and private valuation of investment and pollution … ; innovation policy ; induced technical change ; pollution-saving technical change ; pollution-using technical change ; crowding …

on search theory tools more frequently used in labour and monetary economics, we compare market-based and command …-and-control pollution control instruments with respect to the incentives each provides for abatement technology search and adoption …