Unequal Climate Policy in an Unequal World

2026

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Authors: Universidad Torcuato Di Tella, Maria Elisa Belfiori, Daniel R. Carroll, Federal Reserve Bank of Cleveland, Sewon Hur
DOI: 10.24149/gwp427r2
Cited by: 0
References: 37

Abstract

This paper characterizes optimal climate policy in an economy with heterogeneous households and non-homothetic preferences. The authors focus on constrained efficiency, where the planner is restricted from transferring resources across households.

Fields of Study & Subjects

Climate Change Policy and Economics Energy Environment and Transportation Policies Climate Change and Geoengineering

Publication details

Volume
2024
Issue
427
Publication date
1 February 2026