Optimal Timing of Climate Change Policy: Interaction Between Carbon Taxes and Innovation Externalities

By Reyer Gerlagh, S. Kverndokk, K. E. Rosendahl. 2009

328 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/bc56899e70a1871e9456c525981cfbc450533347

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Citations in the corpus

Information Gaps: A Theory of Preferences Regarding the Presence and Absence of Information (2018, background): “Risk aversion over beliefs (and hence information avoidance) could develop when people hold favorable beliefs and do not want to lose them (e.g., Benabou & Tirole, 2002; Köszegi, 2006) or when people are generally loss averse (e.g., Köszegi, 2010).”
Knowledge Spillovers from Clean and Dirty Technologies (2014, unknown): “53 be the case (see for example Gerlagh et al. (2009); Hart (2008); Kverndokk et al. (2004); Kverndokk and Rosendahl (2007)).”
Realised quantile-based estimation of the integrated variance (2010, methodology): “We note that there are a number of closely related alternative estimators available, including two-scale realised variance of Zhang, Mykland, and A ı̈t-Sahalia (2005) and realised kernels of Barndorff-Nielsen, Hansen, Lunde, and Shephard (2006). Because in the current setting their performance is ve”
Designing Climate Mitigation Policy (2010, unknown): “Limited patent lifetimes may also discourage firms from launching R&D programs until a high enough emissions price is established (Gerlagh et al. 2008).”
Where does energy R&D come from? Examining crowding out from energy R&D (2012, unknown): “This supports the notion of both Hart (2008) and Gerlagh et al. (2009) that optimal carbon tax rates could be higher than the Pigouvian rate because of higher than average spillovers, suggesting that simply “getting the prices right” is not enough to fully encourage alternative energy R&D.”
Groupthink: Collective Delusions in Organizations and Markets (2013, background): “On anticipation, see Loewenstein (1987), Caplin and Leahy (2001), Landier (2000), Caplin and Eliaz (2005), Brunnermeier and Parker (2005), Bernheim and Thomadsen (2005), Köszegi (2006, 2010), Eliaz and Spiegler (2006), Brunnermeier et al. (2007) and Bénabou and Tirole (2011).”
Designing an effective climate-policy mix: accounting for instrument synergy (2021, unknown): “In addition, political feasibility of policy mixes deserves more attention in a dynamic setting of policy sequencing, transitions and coalition formation (Edmondson et al., 2019; Gerlagh et al., 2009; Herrmann & Savin, 2017; Meckling et al., 2015; Skovsgaard Aidta & Duttab, 2004).”
Asymptotic equivalence for inference on the volatility from noisy observations (2011, unknown): “In the spirit of Mykland (2010), we content ourselves with the theoretical results which elucidate the underlying fundamental structures for the basic model and allow straight-forward extensions to more complex models.”