Levy, Amnon - School of Accounting, Economics, and Finance, … - 2008
engendered.
JEL Classification: O12, Q56
Key Words: Consumption, environmental investment, golden rule
With indicating …-production coefficient (waste rate)
and . There is a trade-off between environmental investment and
consumption. The representative agent … representative agent’s
problem includes the following motion equations of his consumption and environmental
investment …