Updating the Allocation of Greenhouse Gas Emissions Permits in a Federal Cap-and-Trade Program
NBER Working Paper No. 16307
---- Acknowledgements ----
I thank Don Fullerton, Lawrence Goulder, and Catherine Wolfram for helpful comments. This manuscript was prepared for the NBER Conference "The Design and Implementation of U.S. Climate Policy" convened in Washington D.C., May 13-14, 2010. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.