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Macroeconomic Implications of Permit Market: Evidence from India’s Carbon Credit Trading Scheme by Saurav Kumar, Taniya Ghosh, Shesadri Banerjee
NO : WP-2025-027 AUTHOR : Saurav Kumar, Taniya Ghosh, Shesadri Banerjee TITLE : Macroeconomic Implications of Permit Market: Evidence from India’s Carbon Credit Trading Scheme ABSTRACT : We study how a carbon permit market shapes firm-level emission reduction incentives and aggregate environmental and macroeconomic outcomes. We develop a novel and tractable microeconomic framework in […]
