Prices or Quantities Dominate Banking and Borrowing
收藏NBER2018-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w24218
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资源简介：
The possibility of intertemporal banking and borrowing of tradeable permits is often viewed as tilting the various policy debates about optimal pollution control instruments toward favoring such time-flexible quantities. The present paper shows that this view is misleading, at least for the simplest
提供机构：
美国国家经济研究局
创建时间：
2018-01-01
