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http://hdl.handle.net/10419/64174
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| Title: | | Distributional biases in the analysis of climate change  |
| Authors: | | Skott, Peter Davis, Leila |
| Issue Date: | | 2011 |
| Series/Report no.: | | Working Paper, University of Massachusetts, Department of Economics 2011-22 |
| Abstract: | | The economic analysis of global warming is dominated by models based on optimal growth theory. These representative-agent models have an intrinsic distributional bias in favor of the rich. The bias is compounded by the use of revenue-neutrality in the allocation of emission permits. The result is mitigation recommendations that are biased downwards. |
| Subjects: | | representative agent welfare global warming inequality. |
| JEL: | | Q13 I3 E1 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Working Papers, Department of Economics, University of Massachusetts
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