Das Instrument des Emissionshandelssystems (EHS) wird von Umweltökonom:innen an prominenter Stelle zur Bewältigung der ökologischen Krisen sowohl im wissenschaftlichen Diskurs als auch in der Politikberatung empfohlen. Wir arbeiten drei implizite normative Prämissen des Lehrbuchmodells eines...

2016 jährte sich das Erscheinen des Artikels von John Maurice Clark mit dem in der Überschrift genannten Titel im Journal of Political Economy zum hundertsten Mal. Clark legt in diesem Artikel seine Vorstellungen zur Entwicklung einer "economics of responsibility" und zur Wahrnehmung von...

Theoretical models of the Kuznets Curve have been purely analytical with little contribution towards an understanding of the timing of the process and the presence of additional mechanisms affecting its timing. This paper proposes an agent-based version of Acemoglu and Robinson's model of the...

Using a factor decomposition of the Gini coefficient we measure the contribution to inequality of direct monetary income flows to and from the Brazilian State. The income flows from the State include public servants' earnings, Social Security pensions, unemployment benefits and Social Assistance...

Conventional wisdom states that fiscal policy redistributes little in Latin America. Lower tax revenues and – above all – lower and less progressive transfers have been identified as the main cause. Existing studies show that, while in Europe the distribution of all transfers combined (cash...

Since redemocratization in 1985, Brazil’s system of social protection became more focused on the neediest while at the same time emphasizing universal access, especially focusing education and healthcare. In a traditional context of severe inequality, the sub-national units of government...