Time Consistent Infrastructure Investments: Optimal Flood Protection Policies in Spatial Equilibrium
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Place-based investments can have unintended general equilibrium effects and face challenges of time inconsistency. This paper simulates the granular impact of alternative spatial and temporal designs of such investments, using Quantitative Spatial Models where the strategy of the policymaker is
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美国国家经济研究局创建时间：
2025-01-01
