期刊名称：Departmental Discussion Papers / University of Glasgow, Department of Economics
出版年度：2010
卷号：1
出版社：University of Glasgow, Department of Economics
摘要：This paper uses a micro-founded DSGE model to compare second-best
optimal environmental policy and the resulting allocation to first-best allocation. The
focus is on the source and size of uncertainty, and how this affects optimal choices
and the inferiority of second best vis-à-vis first best.
关键词：General equilibrium; uncertainty; environmental policy; second best
