Showing 1 - 10 of 373,602
This study investigates the relationship between distinct types of inequality and CO2 emissions using panel data on 156 … that pre-distribution (inequality reduction by structural changes and social protection) is better aligned with the goal of … carbon emission reduction than redistribution (inequality reduction by transfers). However, those countries who contribute …
Persistent link: https://www.econbiz.de/10014556641
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions … of inequality aversion. We use two integrated assessment models (FUND and RICE) for our numerical exercise to get more … robust findings. Our results suggest that inequality considerations lead to a higher (lower) SCC values in high (low) income …
Persistent link: https://www.econbiz.de/10011547505
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions … of inequality aversion. We use two integrated assessment models (FUND and RICE) for our numerical exercise to get more … robust findings. Our results suggest that inequality considerations lead to a higher (lower) SCC values in high (low) income …
Persistent link: https://www.econbiz.de/10011500170
emissions from production lead to output losses, and there is a technology for emissions absorption. We provide an aggregation … damage function. This result offers a simple rule to account for inequality in the design of climate policy. We show that … wealthier regions should bear more responsibility for carbon capture to cleanse the atmosphere, and that inequality per se does …
Persistent link: https://www.econbiz.de/10014632377
The question of whether changes in income inequality affect CO2 emissions remains a topic of debate at both theoretical … distribution on consumptionbased CO2 emissions per capita. To do so, we estimate a dynamic difference-GMM model and a dynamic … analysis highlights how different income classes contribute very differently to consumption-based CO2 emissions. In addition …
Persistent link: https://www.econbiz.de/10014548217
Limiting global warming in line with the goals in the Paris Agreement will require substantial technological and behavioural transformations. This challenge drives many of the current modelling trends. This article undertakes a review of 17 state-of-the-art recursive-dynamic computable general...
Persistent link: https://www.econbiz.de/10012241803
Limiting global warming in line with the goals in the Paris Agreement will require substantial technological and behavioural transformations. This challenge drives many of the current modelling trends. This paper undertakes a review of 17 state-of-the-art recursive-dynamic computable general...
Persistent link: https://www.econbiz.de/10012157959
A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and … intergenerational inequality aversion and for risk aversion. If growth increases (reduces) intra-generational inequality, the SDR is … lower (higher) and the SCC higher (lower) than along an inequality-neutral growth path, especially if intra-generational and …
Persistent link: https://www.econbiz.de/10014082790
metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social … cost of carbon, but mostly neglects a major source of inequality - heterogeneity in income below the national level. We … inequality between and within countries. In particular, we demonstrate that climate and distributional policy cannot be separated …
Persistent link: https://www.econbiz.de/10012870643
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions … of inequality aversion. We use two integrated assessment models (FUND and RICE) for our numerical exercise to get more … robust findings. Our results suggest that inequality considerations lead to a higher (lower) SCC values in high (low) income …
Persistent link: https://www.econbiz.de/10012968336