Prices and Taxes in a Ramsey Climate Policy Model under Heterogeneous Beliefs and Ambiguity
In a Ramsey policy regime, heterogeneity in beliefs about the potential costs of climate change is shown to produce policy ambiguities that alter carbon prices and taxation. Three sources of ambiguity are considered: (i) the private sector is skeptical, with beliefs that are unknown to the governmen...
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| Formato: | Artigo |
| Lenguaje: | Inglês |
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MDPI AG
2022-10-01
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| Colección: | Economies |
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| Acceso en línea: | https://www.mdpi.com/2227-7099/10/10/257 |
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