Leading economists offer theoretical, quantitative, and policy perspectives on climate policy. Debates over post-Kyoto Protocol climate change policy often take note of two issues: the feasibility a
In this book Roger Guesnerie contributes to the critical assessment of the Rational Expectations hypothesis (REH). He focuses on themultiplicity question that arises in (infinite horizon) Rational Exp
Now available in paperback this book investigates the way in which tax systems affect economic efficiency and the distribution of welfare. It examines within a unified framework questions that are usually treated in different areas of the literature: institutional economics, positive economics, normative economics, and political economics. It adheres to the rigorous standards of pure theory while paying careful attention to the policy relevance of the arguments. Tax systems are viewed as information extracting devices that generate sets of equilibria of complex geometry. A tax reform methodology is proposed that sheds light on optimal taxes. Social conflicts in the determination of taxes are shown to have effects on social cohesion.
Debates over post-Kyoto Protocol climate change policy often take note of two issues:the feasibility and desirability of international cooperation on climate change policies, given thefailure of the U
