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Titlebook: Dynamic Systems, Economic Growth, and the Environment; Jesús Crespo Cuaresma,Tapio‘Palokangas,Alexander T Book 2010 Springer-Verlag Berlin

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Dynamic Modeling and Econometrics in Economics and Financehttp://image.papertrans.cn/e/image/283791.jpg
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Dynamic Systems, Economic Growth, and the Environment978-3-642-02132-9Series ISSN 1566-0419 Series E-ISSN 2363-8370
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Christina Westphal,Gabriele Doblhammer central planner that decides on nontraded or traded emission quotas. I show that with nontraded quotas, the growth rate is socially optimal, but welfare sub-optimal. Trade in quotas speeds up growth from the initial position of laissez-faire, but slows down growth from the initial position of nontraded quotas.
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Wahrhaftigkeit stört, wo die Lüge überzeugt that the long-run equilibrium is unique in this case. In the context of our model with multiple equilibria initial conditions are more important for policy actions than discount rates. Our analysis thus supports the view that policy actions against global warming are urgently needed.
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Volker Cihlar,Anna Reinwarth,Sonia Lippke policy in production and cleaning together with optimal GDP trajectories. We calibrate the model in the global scale and analyze the sensitivity of obtained optimal growth scenarios with respect to uncertain parameters of the Poisson distribution.
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