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This paper identifies (unobservable) centrists and decentrists. Centrists support, whereas decentrists oppose, taxing carbon. The paper divides into two parts. Its theory derives estimators of centrists and decentrists; its empirical part provides estimates for U.S. metros and takes them to the...
Persistent link: https://www.econbiz.de/10015266944
Global emissions of carbon dioxide need to fall lest climate change will accelerate. Any effective climate policy must raise the price of carbon consumption. From an urban perspective, one desirable effect of a carbon tax would be to induce households to move closer to where they work. This...
Persistent link: https://www.econbiz.de/10015237833
This paper argues that the more open a city is to immigration, the more likely it is to welcome -- and hence also receive -- foreign direct investment. If immigration is allowed to complement the inflow of foreign capital, urban rent rises by more. This extra rise in rent aids in appeasing...
Persistent link: https://www.econbiz.de/10015238398