The purpose of this paper is to investigate the economic impacts of inter-generational allocation of exhaustible natural resources. We quantify the potential impacts of implementing this on oil and gas revenues in Iran. We employ an overlapping-generations computable general equilibrium model...

Climate change is the most important phenomenon that directly affects the environment worldwide. The effect of this global phenomenon varies across countries. Some of the consequences of climate change worth mentioning are disappearing of glaciers, the sea level rise and the declining crop...