What is the best environmental policy? Taxes, permits and rules under economic and environmental uncertainty

"We study the importance of uncertainty and public finance to the welfare ranking of three environmental policy instruments: pollution taxes, pollution permits and Kyoto-like numerical rules for emissions. The setup is the basic stochastic neoclassical growth model augmented with the assumption...

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Bibliographic Details
Main Authors: Angelopoulos, Konstantinos, Economides, George, Philippopoulos, Apostolis
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Munich 2010
CESifo
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19185276124919034589-What-is-the-best-environmental.htm

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