Taxing Fossil Fuels under Speculative Storage /

This paper investigates the mechanisms through which environmental taxes on fossil fuel usage can affect the main macroeconomic variables in the short-run. We concentrate on a particular mechanism: speculative storage. The existence of forward-looking speculators in the model improves the effectiven...

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Dettagli Bibliografici
Autore principale: Tumen, Semih
Altri autori: Unalmis, Deren, Unalmis, Ibrahim, Unsal, Filiz
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2014.
Serie:IMF Working Papers; Working Paper ; No. 2014/228
Accesso online:Full text available on IMF