Nationally and Internationally Optimal Climate Policies: External Balances versus Environmental Preferences
نویسندگان
چکیده
منابع مشابه
Polarized Preferences versus Polarizing Policies∗
Much of contemporary political debate in the United States focuses on the issue of polarization: specifically, its causal antecedents and its consequences for policymaking and political conflict. In this article, we argue that partisan preference polarization – conventionally defined as the difference in the favored policy positions of legislators from the two major parties – is not a sufficien...
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We assess different policies for reducing carbon dioxide emissions and promoting the innovation and diffusion of renewable energy. We evaluate the relative performance of policies according to incentives provided for emissions reduction, efficiency, and other outcomes. We also assess how the nature of technological progress—whether it occurs through learning by doing or R&D investment, and the ...
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This paper shows how policies aimed at insuring health risks and those intended to improve the environment are (and should be) deeply intertwined. In the model economy inspired by recent Chinese experience, pollution raises the likelihood of future, poor health prompting households to save more so as to self-insure against anticipated medical expenses. Increased household saving generates more ...
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A stochastic control model is proposed as a paradigm for the design of optimal timing of greenhouse gases (GHG) emissions abatement. The resolution of uncertainty concerning climate sensitivity and the technological breakthrough providing access to a carbon-free production economy are modeled as controlled stochastic jump processes. The optimal policy is characterized using the dynamic programm...
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In standard spatial models of elections, parties with policy preferences take divergent positions. Their platform positions are less separated than are the parties’ ideal policies. If policy is the result of an executive–legislative compromise, the policy preferences of the parties can be moderated by voter behavior. Divided government may result. Since parties anticipate the moderated outcomes...
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ژورنال
عنوان ژورنال: CESifo Economic Studies
سال: 2010
ISSN: 1610-241X,1612-7501
DOI: 10.1093/cesifo/ifq020