This paper uses a Ramsey model with two types of capital to analyze the optimal transition to clean capital when polluting investment is irreversible. The cost of climate mitigation decomposes as a technical...
Type de document: Document de travail de recherche sur les politiques
Numéro du rapport: WPS6859
Date du document: 1 mai 2014
Mode de publication: Disclosed
Auteur: Hallegatte,Stephane,Rozenberg,Julie,Vogt-Schilb,Adrien Camille