2 papers
econ.GN2026
New Compensating and Equivalent Variation Closed-form Solutions for Non-Separable Public Goods
Daniel H. Karney, Khyati Malik
This study finds exact closed-form solutions for compensating variation (CV) and equivalent variation (EV) for both marginal and non-marginal changes in public goods given homothet…
econ.GN2026
Dynamics of Global Emission Permit Prices and Regional Social Cost of Carbon under Noncooperation
Yongyang Cai, Khyati Malik, Hyeseon Shin
We develop a dynamic multi-region climate-economy model with emissions trading and solve for the dynamic Nash equilibrium under noncooperation, where each region follows Paris Agre…