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Check out this excellent working paper by Thomas DOUENNE, Hummel & Marcelo Pedroni. Introducing heterogeneous agents into Barrage (ReStud, 19)'s model which jointly optimizes carbon, linear labor & K tax, implies that carbon tax should be set at Pigouvian (=SCC) level, not lower. 1/

Minha coluna na Folha sobre ortodoxia (e heterodoxia) em economia (e por que a gente publica em inglês...) www1.folha.uol.com.br/colunas/bernar…

Data Colada have collectively volunteered thousands of hours to improve science. Unfortunately, sometimes when you scrutinize the work of powerful people...they sue you. Together, we can stand up for science and help them defend themselves in court. gofundme.com/f/uhbka-suppor…

New CEPR Discussion Paper - DP19151 Optimal Fiscal Policy in a Climate-Economy Model with Heterogeneous Households Thomas DOUENNE, Albert Jan Hummel & Marcelo Pedroni UvA Amsterdam ow.ly/zM3O50SfhuZ #CEPR_CCE #economics #climatechange

Praise for Price Gouging grumpy-economist.com/p/praise-for-p…

Forthcoming in the AER: "Bias and Sensitivity under Ambiguity" by Zhen Huo, Marcelo Pedroni, and Guangyu Pei. aeaweb.org/articles?id=10…