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Regarding equity in carbon pricing, directed transfers to especially affected households perform best, uniform lump-sum transfers are progressive but to a lesser extent, labor tax cuts have ambivalent distributional impacts, and capital/corporate tax cuts are regressive, according to Klenert et al. (2018a).
Authors
Sources
- Carbon Pricing for Inclusive Prosperity: The Role of Public Support econfip.org via serper
Referenced by nodes (1)
- carbon pricing concept