Intergenerational inequality aversion, growth and the role of damages: Occam's rule for the global carbon tax

Intergenerational inequality aversion, growth and the role of damages: Occam's rule for the global carbon tax

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We derive a simple rule for a nearly optimal carbon tax that can be implemented and tested in a decentralized market economy. Our simple rule depends on the effect of the pure rate of time preference, growth and intergenerational inequality aversion and basic parameters of the carbon cycle, but also...

書誌詳細
主要な著者:	Van der Ploeg, R, Rezai, A
フォーマット:	Working paper
出版事項:	University of Oxford 2014

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