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In September 2000, 4.7 million Swiss citizens were invited to vote on three proposals for taxes on fossil energy. They differed by tax rate and mode of revenue recycling. All three were rejected, one by only 3.4%. I analyze the votes using individual data ...
Equity and neutrality are distinct concepts in housing taxation and weak and strong tenure neutrality should be distinguished. When a tax system is tested for those criteria, the taxes paid by landlords must be included, as they affect the rents renters pa ...
Successful implementation of policies and measures is key for effective climate legislation. In the political decision process, implementation depends to some extent on interest group influence. This project deals with the questions of why, how and what bu ...
Studies on preferences for environmental quality usually posit that price and income explain most of the observed choices. However, we argue that conceptions of social norms and the common good are equally important when analyzing environmental voting outc ...
A harmonized worldwide carbon tax, implemented at regional or national level, can be enforced only with an international collective action which takes into account inherent interests of all countries. The purpose of this study is to assess the impact ofthe ...
This article analyzes the impact of managerial discretion and corporate control mechanisms on leverage and firm value within a contingent claims model where the manager derives perquisites from investment. Optimal capital structure reflects both the tax ad ...
Acceptance is the key problem of carbon taxes. This chapter is about acceptance building, ie devising a mechanism for the gradual preparation of the population and the economy in order to implement a carbon tax. It draws on experiences in Switzerland, wher ...
Current and future dynamics, of environmental legislations and trading market, of the fuel and electricity prices due to the market liberalization or resource shortages, and of the innovations of power/cogeneration technologies, impose great challenges on ...
With a given power demand pattern supplied by a set of pulverized fuel coal- fired (PC) power generation units at various locations, different power dispatching solutions will result in different fuel consumptions, CO2 emissions, and power generation costs ...
Private financing and operations of public infrastructures – often also called Public-Private Partnerships or PPPs – are becoming increasingly important, especially in the case of developing countries. Different types of PPP instruments – among which in pa ...