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Optimal carbon policies in a dynamic heterogenous world
(2018)Economics Working Paper SeriesWe derive the optimal contributions to global climate policy when countries differ with respect to income level and pollution intensity. Countries' growth rates are determined endogenously, and abatement efficiency is improved by technical progress. We show that country heterogeneity has a crucial impact on optimal policy contributions: more developed countries have to make a larger effort while less developed countries are allowed to ...Working Paper -
Carbon pricing, technology transition, and skill-based development
(2018)Economics Working Paper SeriesWorking Paper