题 目:The Political Economy of Environmental Policy with Overlapping Generations
主讲人: Larry Karp教授 美国加州大学伯克利分校
时 间:2011年7月6日 15:30
地 点:主楼六层会议室
主讲人简介:
Larry S. Karp,UC Berkeley农业与资源经济学教授,Texas A&M等高校兼职教授。主要从事环境经济学、全球气候政策、国际经济学、动态优化与动态博弈等研究。曾任或现任Journal of Environmental Economics and Management, American Journal of Agricultural Economics, Journal of Economic Dynamics and Control等多份期刊主编、副主编或编委。在REStu., REStat., JET, EJ等著名期刊发表论文约100篇。
内容简介:
A two-sector OLG model illuminates previously unexamined intergenerational effects of a tax that protects an environmental stock. A traded asset capitalizes the economic returns to future tax-induced environmental improvements, benefiting the current asset owners, the old generation. Absent a transfer, the tax harms the young generation by decreasing their real wage. Future generations benefit from the tax-induced improvement in environmental stock. The principal intergenerational conflict arising from public policy is between generations alive at the time society imposes the policy, not between generations alive at different times. A Pareto-improving policy can be implemented under various political economy settings.
(承办:应用经济系、能源与环境政策研究中心)