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Wealth distribution and climate risks are two great challenges of our time. This paper proposes a new type of tax to correct the disparity of wealth distribution and help to finance (and accelerate) the green transition. Our proposal is a Carbon-based Wealth Tax (CWT) that should be levied on...
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This paper responds to the development policy debate involving the World Bank and the IMF on the use of fiscal policy not only for economic stabilization but also to promote economic growth and increase per capita income. A key issue in this debate relates to the effect of the composition of...
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