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Pareto-Improving Carbon-Risk Taxation

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NBER2020-04-01 更新2025-01-04 收录
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Anthropogenic climate change produces two conceptually distinct negative economic externalities. The first is an expected path of climate damage. The second, which is this paper's focus, is an expected path of economic risk. To isolate the climate-risk problem, we consider mean-zero, symmetric

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2020-04-01
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