Optimal Taxes on Fossil Fuel in General Equilibrium
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We analyze a dynamic stochastic general-equilibrium (DSGE) model with an externality through climate change from using fossil energy. A central result of our paper is an analytical derivation of a simple formula for the marginal externality damage of emissions. This formula, which holds under quite
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美国国家经济研究局创建时间：
2011-08-01
