Bréchet, Thierry; Tsachev, Tsvetomir; Veliov, Vladimir M. - Center for Operations Research and Econometrics … - 2009
factor for policy design, especially in the presence of emissionrestrictions. In a vintage capital model, reducing pollution … requires to change the capitalstructure through investment in cleaner machines and to scrap the more polluting ones. Insuch a … policy design, especially in the presence of emission
restrictions. In a vintage capital model, reducing pollution requires …