Environmental policies in a stagnant economy

Material type: 文書・図像類

Author: Ikefuji, Masakoほか

Publisher: The Institute of Social and Economic Research, Osaka University

Publication date: 2020-12

Material Format: Paper

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Note (General)：: Using a dynamic optimization model of a monetary economy where persistent unemployment can prevail, we examine the effects of environmental policies o...

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Paper

Material Type: 文書・図像類
Title: Environmental policies in a stagnant economy
Author/Editor: Ikefuji, Masako
Ono, Yoshiyasu
Author Heading: Ikefuji, Masako
https://nrid.nii.ac.jp/nrid/1000060452380
Ono, Yoshiyasu
https://nrid.nii.ac.jp/nrid/1000070130763
Publication, Distribution, etc.: The Institute of Social and Economic Research, Osaka University
Publication Date: 2020-12
Publication Date (W3CDTF): 2020-12
Periodical title: Institute of Social and Economic Research Discussion Papers
No. or year of volume/issue: 1110
Volume: 1110
Pages: 1-25
ISSN (Periodical Title): PISSN : 0473453X
EISSN : 24350982
Text Language Code: eng
Subject Heading: Secular stagnation
Unemployment
Public abatement
Environmental tax
Target Audience: 一般
Note (General): Using a dynamic optimization model of a monetary economy where persistent unemployment can prevail, we examine the effects of environmental policies on consumption and pollution emissions in a full-employment and a stagnant economy. If full employment prevails, environmental policies such as environmental tax and public pollution abatement naturally crowd out commodity production and hence decrease consumption. However, if unemployment appears, they stimulate consumption and production by increasing total employment and mitigating deflation, thus yielding additional pollution emissions. Net pollution emissions may eventually increase. The optimal environmental policy mix is also examined.
References (URI): URI
http://www.iser.osaka-u.ac.jp/library/dp/2020/DP1110.pdf
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 大阪大学 : 大阪大学学術情報庫　桜華