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DTSTART:20231029T030000
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UID:calendar.133441.field_date.0@www.tse-fr.eu
DTSTAMP:20260816T132609Z
CREATED:20231218T161001Z
DESCRIPTION:Thomas Douenne (University of Amsterdam)\, “Optimal Fiscal Poli
 cy in a Climate-Economy Model with Heterogeneous Households”\, Environment
 al Economics Seminar\, Toulouse: TSE\, May 13\, 2024\, 11:00–12:15\, room 
 Auditorium 4.\n\nWe study optimal fiscal policy to address climate change 
 and inequality. We theoretically characterize optimal carbon and income ta
 xes\, and quantify them for the US economy with the climate model calibrat
 ed to DICE. In contrast to the representative-agent setting\, we find that
  (i) tax distortions have a negligible effect on the optimal carbon tax\; 
 (ii) inequality only slightly reduces it\; (iii) the revenue from carbon t
 axes is optimally split halfway between reducing tax distortions and incre
 asing transfers. Unlike the double-dividend policy\, optimal carbon taxati
 on has progressive welfare effects and low-income households benefit even 
 in the short run. ( with Albert Jan Hummel and Marcelo Pedroni)
DTSTART;TZID=Europe/Paris:20240513T120000
DTEND;TZID=Europe/Paris:20240513T131500
LAST-MODIFIED:20260113T095129Z
LOCATION:Toulouse: TSE\, May 13\, 2024\, 11:00–12:15\, room Auditorium 4
SUMMARY:Environmental Economics Seminar
URL;TYPE=URI:https://www.tse-fr.eu/seminars/2024-optimal-fiscal-policy-clim
 ate-economy-model-heterogeneous-households
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