Stranded Assets: How Policy Uncertainty affects Capital,Growth, and the Environment |
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Authors: | Bretschger Lucas Soretz Susanne |
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Affiliation: | 1.Center of Economic Research at ETH Zurich, Zurich, Switzerland ;2.University of Greifswald, Greifswald, Germany ; |
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Abstract: | Environmental and Resource Economics - The paper considers stochastic environmental policy and its effects on the environment, portfolio composition, and economic growth. Capital accumulation... |
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