Is Aging Harmful to the Environment?

How does aging affect the environment? We analyze this question using anoverlapping generations model featuring uncertain lifetimes andenvironmental externalities. We show that whether aging is harmful to theenvironment depends on the curvature of utility function, which ismeasured by the degree of relative risk aversion. We also explore theimplication of the results for environmental policy in an aging society. Copyright Kluwer Academic Publishers 2001

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Year of publication:	2001
Authors:	Ono, Tetsuo ; Maeda, Yasuo
Published in:	Environmental & Resource Economics. - European Association of Environmental and Resource Economists, ISSN 0924-6460. - Vol. 20.2001, 2, p. 113-127
Publisher:	European Association of Environmental and Resource Economists
Subject:	aging \| environmental externality \| intergenerational externality \| overlapping generations \| uncertain lifetimes

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005721975