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The Trade-off between Intra- and Intergenerational Equity in Climate Policy
Kverndokk, Snorre; Nævdal, Eric; Nøstbakken, Linda - 2013
This paper focuses on two equity dimensions of climate policy, intra- and intergenerational equity, and analyzes the implications of equity preferences on climate policy, and on the production and consumption patterns in rich and poor countries. We develop a dynamic two-region model, in which...
Persistent link: https://www.econbiz.de/10010317025
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Robustness of a Simple Rule for the Social Cost of Carbon
Rezai, Armon; van der Ploeg, Frederick - 2014
The optimal social cost of carbon is in general equilibrium proportional to GDP if utility is logarithmic, production is Cobb-Douglas, depreciation in 100% every period, climate damages as fraction of production decline exponentially with the stock of atmospheric carbon, and fossil fuel...
Persistent link: https://www.econbiz.de/10010352387
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Unveiling the Energy Price Tag – Assessing the Degree of Regressivity of Household Energy Expenditures Among European Countries
Ackermann, Ivan; Radulescu, Doina - 2024
of research on energy expenditure in-equality in advanced economies by quantifying the regressivity of energy … energy expenditures across all countries and time periods, with significant variability in the degree and regressivity … not necessarily align with those exhibiting the most pronounced regressivity. Tailored policy instruments are essential …
Persistent link: https://www.econbiz.de/10015166301
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Recent Findings and Methodologies in Economics Research in Environmental Justice
Cain, Lucas; Hernandez-Cortes, Danae; Timmins, Christopher - 2023
This review synthesizes economics-oriented research in environmental justice with a focus on the last decade. We first categorize this literature into broad areas of inquiry and review main findings. Then, we review recent advances in data and methodologies that have allowed for new study...
Persistent link: https://www.econbiz.de/10014290193
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Food for fuel: The effect of U.S. energy policy on Indian poverty
Chakravorty, Ujjayant; Hubert, Marie-Hélène; Ural … - 2012
Many countries have adopted energy policies that promote biofuels as a substitute for gasoline in transportation. For instance, 40% of U.S. grain is now used for energy and this share is expected to rise significantly under the current Renewable Fuels Mandate. This paper examines the...
Persistent link: https://www.econbiz.de/10010283922
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The Social Cost of Carbon with Intragenerational Inequality under Economic Uncertainty
van der Ploeg, Rick; Emmerling, Johannes; Groom, Ben - 2022
A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and its evolution with economic growth. The social discount rate (SDR) should be adjusted to account for intragenerational and intergenerational inequality aversion and for risk...
Persistent link: https://www.econbiz.de/10013353389
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Improving Public Good Supply and Income Equality: Facing a Trade-Off
Buchholz, Wolfgang; Rübbelke, Dirk - 2020
It is explored in this paper how – depending on the agents’ preferences – an unequal income distribution may lead to a higher public good supply in a non-cooperative Nash equilibrium than in a cooperative Lindahl equilibrium that arises from a balanced income distribution. The degree of...
Persistent link: https://www.econbiz.de/10012425692
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The Social Cost of Carbon with Intragenerational Inequality Under Economic Uncertainty
Ploeg, Frederick van der; Emmerling, Johannes; Groom, … - 2022
A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and its evolution with economic growth. The social discount rate (SDR) should be adjusted to account for intragenerational and intergenerational inequality aversion and for risk...
Persistent link: https://www.econbiz.de/10014082790
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Improving Public Good Supply and Income Equality : Facing a Trade-Off
Buchholz, Wolfgang; Rübbelke, Dirk T. G. - 2021
It is explored in this paper how – depending on the agents’ preferences – an unequal income distribution may lead to a higher public good supply in a non-cooperative Nash equilibrium than in a cooperative Lindahl equilibrium that arises from a balanced income distribution. The degree of...
Persistent link: https://www.econbiz.de/10013314755
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Political Economy of Climate Change Adaptation - Loss of Habitat and Rising Inequality
van der Straten, Yasmine; Perotti, Enrico; van der … - 2024
We study the evolution of voter support for climate policies aimed at containing the effect of climate risk, as weather conditions worsens at a time of rising economic inequality. Households differ in age, beliefs and income, and the scale of intervention to preserve habitable land reflects the...
Persistent link: https://www.econbiz.de/10014534285