000 01508nab a2200241 c 4500
999 _c150413
_d150413
003 ES-MaIEF
005 20250313104326.0
007 ta
008 250313t2024 gw ||||| |||| 00| 0eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 1 _972423
_aLamprecht, Julian
_d1993-
245 1 4 _aThe missing government in green finance
_c Julian Lamprecht, Marcel Thum
504 _aBibliografía
520 _aThe recent literature on green finance has extensively discussed the extent to which responsible investors can contribute to a greener economy, particularly regarding climate change. Somewhat surprisingly, governments as key players in climate policies are practically absent in this analysis. Using a simple model of private and public provision of a public good, we show that, even under favorable conditions, interaction with government policies renders private green investment ineffective and maybe even detrimental to making the economy truly greener. This result does not only hold for a benevolent, welfare-maximizing government but also in a political-economy setting with a medianvoter government.
650 4 _948056
_aPOLITICA DEL MEDIO AMBIENTE
650 4 _952232
_aRESPONSABILIDAD SOCIAL DE LA EMPRESA
650 4 _948165
_aCAMBIO CLIMATICO
650 4 _933416
_aBIENES PUBLICOS
650 4 _948358
_aSECTOR PRIVADO
700 _959597
_aThum, Marcel
773 0 _9172612
_oOP 207/2024/3
_tFinanzArchiv
_w(IEF)21244
_x 0015-2218
_g v. 80, n. 3, September 2024, p. 332-349
942 _cART