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"In this paper, we construct a simple model based on heterogeneity in workers' productivity and homogeneity in their working schedules. This simple model can generate unemployment, even if wages adjust instantaneously, firms are perfectly competitive, and firms can perfectly observe workers'...
Persistent link: https://www.econbiz.de/10002956728
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control policy is imperfect designed or implemented, its performance can be improved by an energy (output) tax/subsidy scheme …, where the subsidy is given only to renewable generators or for energy efficiency improvements. This combination can bring … needs to be applied globally to have its best effect and heterogeneous implementation (i.e. different levels of tax/subsidy …
Persistent link: https://www.econbiz.de/10010490124
Climate policies can target either the demand or the supply of fossil fuels. While demandside policies have been analyzed in the literature and applied in policy-making, supply-side policies, e.g. deposit policies, are a promising option and a recent research focus. In this paper we study...
Persistent link: https://www.econbiz.de/10012261861
. The G-20 leaders agreed to submit their subsidy reform strategies to peer review and to independent expert review …
Persistent link: https://www.econbiz.de/10011348898
small fraction of fiscal revenues from energy subsidy removal or energy taxation could be sufficient to compensate …
Persistent link: https://www.econbiz.de/10011913275
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environment. This link also threatens the sustainability of the world's economic growth, particularly when the emission of …
Persistent link: https://www.econbiz.de/10010344293
Taking as given that we are consuming too much and that overconsumption leads to environmental degradation, the present paper examines the regulator's choices between informative advertisement and consumption taxation. We model overconsumption by considering individuals that care about social...
Persistent link: https://www.econbiz.de/10010513995