Global carbon pricing study shows climate policy can cut emissions 🌍, boost welfare 💰, and reduce inequality ⚖️ if paired with fair redistribution, either through uniform prices with transfers or differentiated national prices with revenue recycling.
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#GlobalCarbonPricing #ClimatePolicy #EmissionsReduction #WelfareBoost #InequalityReduction
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#GlobalCarbonPricing #ClimatePolicy #EmissionsReduction #WelfareBoost #InequalityReduction
PNAS
Within-country inequality and the shaping of a just global climate policy
Climate policy design must balance emissions mitigation with concerns for fairness, particularly as climate change disproportionately affects the p...
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Study shows that providing people with information about the universal benefits of public goods significantly increases support for higher taxation. 📈💰 This finding reveals a new mechanism that could contribute to reducing inequality by expanding government size while maintaining tax progressivity. 🌍⚖️
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#PublicGoods #Taxation #InequalityReduction #GovernmentSupport #EconomicPolicy
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#PublicGoods #Taxation #InequalityReduction #GovernmentSupport #EconomicPolicy
SpringerLink
Public goods provision, preferences over public finance, and distributional effects
The Japanese Economic Review - This study uncovers a novel distributional effect of public goods through public opinions. We hypothesize that people are more likely to support a tax increase after...
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