Climate Disasters and Intergenerational Equity: A Fiscal Rule for Sustainable Development
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Climate disasters threaten intergenerational equity by exposing future generations to rising risks. We develop a model in which a government learns about disaster risk and enforces a sustainability criterion requiring expected social welfare to be non-decreasing over time. This criterionsimilar to
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美国国家经济研究局创建时间:
2026-03-01



