Kotlikoff, Laurence J.; Kubler, Felix; Polbin, Andrej; … - 2019
Carbon taxation has been studied primarily in social planner or infinitely lived agent models, which trade off the … welfare of future and current generations. Such frameworks obscure the potential for carbon taxation to produce a generational … win-win. This paper develops a large-scale, dynamic 55-period, OLG model to calculate the carbon tax policy delivering the …