Non-cooperative and cooperative responses to climate catastrophes in the global economy: a North-South perspective

The optimal response to a potential productivity shock which becomes more imminent with global warming is to have carbon taxes to curb the risk of a calamity and to accumulate precautionary capital to facilitate smoothing of consumption. This paper investigates how differences between regions in ter...

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Príomhchruthaitheoirí: Van der Ploeg, R, de Zeeuw, A
Formáid: Working paper
Foilsithe / Cruthaithe: University of Oxford 2014