This paper examines the driving forces for residential location choice of households in an urban area. To analyse the integrated choice of residence and of commuting, we extend a computable general equilibrium model of the core-periphery type for interregional housing market interactions and for...

This article compares nationally optimal to internationally optimal (Pareto efficient) emission permit levels in a two-country overlapping generations model with national emission permit systems and the environment as a global public good. When each government maximizes its steady state economic...

This paper investigates domestic and foreign welfare effects of unilateral and multilateral permit policies in a two-country overlapping generations model with producer carbon emissions. We show that the welfare effects of a more stringent cap on emissions depend on the external balance of the...