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TIME-INCONSISTENT ENVIRONMENTAL POLICY ANDOPTIMAL DELEGATION
Helm, Dieter; Hepburn, Cameron; Mash, Richard - University <Oxford> / Department of Economics - 2003
Time consistency problems can arise when environmental taxes are employedto encourage firms to take irreversible abatement decisions. Setting a high carbontax, for instance, would induce firms to invest in low-carbon technology,yet once investment has occurred the government can then reduce the...
Persistent link: https://www.econbiz.de/10005870239
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Reversible reforms with irreversible capital : the investment response to imperfectly credible trade liberalisation
Mash, Richard (contributor) - 1997
Persistent link: https://www.econbiz.de/10000990532
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Supply flexibility and insurance under commodity market instability
Mash, Richard (contributor) - 1996
Persistent link: https://www.econbiz.de/10000990534
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Irreversible investment and the expected capital stock with stationary uncertainty
Mash, Richard - In: Economics letters 64 (1999) 2, pp. 193-196
Persistent link: https://www.econbiz.de/10001399250
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New Keynesian microfoundations revisited : a generalised Calvo-Taylor model and the desirability of inflation vs. price level targeting
Mash, Richard (contributor) - 2002
Persistent link: https://www.econbiz.de/10001678834
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Monetary policy with endogenous capital stock when inflation is persistent
Mash, Richard (contributor) - 2002
Persistent link: https://www.econbiz.de/10001678836
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The time inconsistency of monetary policy with inflation persistence
Mash, Richard - 2000
Persistent link: https://www.econbiz.de/10001503852
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Host country-foreign investor bargaining power and investment incentive provisions in multilateral investment agreements
Mash, Richard - 2000
Persistent link: https://www.econbiz.de/10001546318
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Debt relief and debt sustainability for low income countries
Mash, Richard - In: Governance, equity and global markets : proceedings of …, (pp. 595-601). 2000
Persistent link: https://www.econbiz.de/10001580236
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New Keynesian microfoundations revisited : a Calvo-Taylor-rule-of-thumb model and optimal monetary policy delegation
Mash, Richard (contributor) - 2003
Persistent link: https://www.econbiz.de/10001836868