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This paper shows the evolution of mismatch unemployment over the period from 2007 to 2022 in Germany. A substantial part of mismatch unemployment results from a misallocation on the qualification level rather than on the occupational level. Taking the qualification level into account, an upward...
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distributive justice can be interpreted in this context and compare different approaches to implementing 'just' allocation …
Persistent link: https://www.econbiz.de/10008457256
We experimentally study auctions versus grandfathering in the initial assignment of pollution permits that can be traded in a secondary spot market. Low and high emitters compete for permits in the auction, while permits are assigned for free under grandfathering. In theory, trading in the spot...
Persistent link: https://www.econbiz.de/10008458084
This paper evaluates the costs to households of a carbon dioxide (CO2) cap-and-trade program. We find important variation in the distribution of costs of the policy across 11 regions of the country and income deciles. The introduction of a price on CO2 is regressive, but this may be outweighed...
Persistent link: https://www.econbiz.de/10008458089
This paper is the concluding chapter of Rights, Rents and Fairness: Allocation in the European Emissions Trading Scheme … lessons and general principles to be learnt from the allocation of allowances in the European Union Emission Trading Scheme … allocation process and on what are the global implications of the EU ETS. As has become obvious during the first allocation phase …
Persistent link: https://www.econbiz.de/10005667060
We show that allocation of ownership matters even in a long-term relationship where problems of opportunism are less …
Persistent link: https://www.econbiz.de/10005670684