Optimal carbon pricing in general equilibrium: temperature caps and stranded assets in an extended annual DSGE model

The general equilibrium model developed by Golosov et al. (2014), GHKT for short, is modified to allow for additional negative impacts of global warming on utility and productivity growth, mean reversion in the ratio of climate damages to production, labour-augmenting technical progress, and populat...

Полное описание

Библиографические подробности
Главные авторы: Van Der Ploeg, F, Rezai, A
Формат: Working paper
Язык:English
Опубликовано: University of Oxford 2021

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