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quantitative easing (QE) in complementing fiscal policies for climate change mitigation. We model green QE through an outstanding …
Persistent link: https://www.econbiz.de/10013281474
Persistent link: https://www.econbiz.de/10012487129
instrument of a climate coalition in the presence of a monopolistic oil supplier such as OPEC. Shale oil producers' extraction … setting behavior and thus impacts the optimal climate policy of the climate coalition. A pure cap-and-trade system is weakly … welfare-inferior relative to a carbon tax for the climate coalition. While high extraction costs allow OPEC to appropriate the …
Persistent link: https://www.econbiz.de/10011625605
We document majority support for policies entailing global redistribution and climate mitigation. Recent surveys on 40 … combat climate change and poverty: a global carbon price funding a global basic income, called the "Global Climate Scheme …
Persistent link: https://www.econbiz.de/10014296930
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uses the World Input-Output Database (WIOD) to calibrate intersectoral trade between seven regions and 56 economic sectors … sectorally disaggregated results to global climate scenarios. …
Persistent link: https://www.econbiz.de/10012888142
addressing equity concerns raised by the ambitious climate objectives. In complement to the theoretical, experimental and …
Persistent link: https://www.econbiz.de/10012431927
Weitzman (2014) proposed that focusing international climate negotiations on a uniform carbon price is more effective … than Paris style negotiations in achieving ambitious climate action. We put this hypothesis to an experimental test by … simulating international negotiations on climate change in collaboration with Model United Nations associations. This novel …
Persistent link: https://www.econbiz.de/10012500178
between bank regulation and climate policy. Households value the liquidity of deposits, which are protected by deposit … version of the model, we obtain four results: first, fossil penalizing capital requirements can be discarded as climate policy …
Persistent link: https://www.econbiz.de/10014548624
We study climate change in a model with a carbon-intensive and a green sector, each subject to stochastic productivity … shocks, and show how the underlying economic structure affects the risk-adjusted discount rate and the climate risk premium … in the social cost of carbon (SCC). Consumption growth, aggregate consumption volatility, and the climate beta depend on …
Persistent link: https://www.econbiz.de/10014559075