Arbeitspapier
The Social Cost of Carbon and the Ramsey Rule.
The objective of this paper is to critically assess the use simple rules for the social cost of carbon (SCC) employing a rudimentary form of the Ramsey rule. Two interrelated caveats apply. First, if climate change poses a serious problem, it is hard to justify an exogenous constant growth rate of consumption. Second, to derive the SCC one needs full knowledge of the entire future. Popular assumptions to get around this, such as assuming current GDP is optimal, are difficult to justify.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 7359
- Klassifikation
-
Wirtschaft
Climate; Natural Disasters and Their Management; Global Warming
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Withagen, Cees A.
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Withagen, Cees A.
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2018
Ähnliche Objekte (12)
Robustness of a Simple Rule for the Social Cost of Carbon
The social cost of carbon
The rate of change of the social cost of carbon and the social planner's hotelling rule
The rate of change of the social cost of carbon and the social planner's hotelling rule
On Policy Relevance of Ramsey Tax Rules
On policy relevance of Ramsey tax rules
On Policy Relevance of Ramsey Tax Rules
Recalculating the Social Cost of Carbon
Ramsey Prices, Average Cost Prices and Price Sustainability
Expected net present value, expected net future value, and the Ramsey rule
Inequality and the Social Cost of Carbon
Inequality and the Social Cost of Carbon
Robustness of a Simple Rule for the Social Cost of Carbon
The social cost of carbon
The rate of change of the social cost of carbon and the social planner's hotelling rule
The rate of change of the social cost of carbon and the social planner's hotelling rule
On Policy Relevance of Ramsey Tax Rules
On policy relevance of Ramsey tax rules
On Policy Relevance of Ramsey Tax Rules
Recalculating the Social Cost of Carbon
Ramsey Prices, Average Cost Prices and Price Sustainability
Expected net present value, expected net future value, and the Ramsey rule
Inequality and the Social Cost of Carbon
Inequality and the Social Cost of Carbon
Robustness of a Simple Rule for the Social Cost of Carbon
The social cost of carbon
The rate of change of the social cost of carbon and the social planner's hotelling rule
The rate of change of the social cost of carbon and the social planner's hotelling rule
On Policy Relevance of Ramsey Tax Rules
On policy relevance of Ramsey tax rules
On Policy Relevance of Ramsey Tax Rules
Recalculating the Social Cost of Carbon
Ramsey Prices, Average Cost Prices and Price Sustainability
Expected net present value, expected net future value, and the Ramsey rule
Inequality and the Social Cost of Carbon