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...
Autore principale: | |
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Altri autori: | , , |
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2014.
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Serie: | IMF Working Papers; Working Paper ;
No. 2014/228 |
Accesso online: | Full text available on IMF |