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The Trade-off between Intra- and Intergenerational Equity in Climate Policy
Kverndokk, Snorre; Nævdal, Eric; Nøstbakken, Linda - CESifo - 2013
This paper focuses on two equity dimensions of climate policy, intra- and intergenerational, and analyzes the implications of equity preferences on climate policy, and on the production and consumption patterns in rich and poor countries. We develop a dynamic two-region model, in which each...
Persistent link: https://www.econbiz.de/10010877658
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A Complete and Strongly Anonymous Leximin Relation on Infinite Streams
Asheim, Geir B.; Zuber, Stéphane - CESifo - 2011
Various extensions of the leximin order to the infinite dimensional setting have been suggested. They relax completeness and strong anonymity. Instead, by removing sensitivity to generations at infinite rank this paper defines a complete and strongly anonymous leximin relation on infinite...
Persistent link: https://www.econbiz.de/10009294098
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Justifying Social Discounting: The Rank-Discounted Utilitarian Approach
Zuber, Stéphane; Asheim, Geir B. - CESifo - 2010
The discounted utilitarian criterion for infinite horizon social choice has been criticized for treating generations unequally. We propose an extended rank-discounted utilitarian (ERDU) criterion instead. The criterion amounts to discounted utilitarianism on non-decreasing streams, but it treats...
Persistent link: https://www.econbiz.de/10008671700
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Recession Depression: Mental Health Effects of the 2008 Stock Market Crash
McInerney, Melissa; Mellor, Jennifer M.; Nicholas, … - CESifo - 2013
-being on health use identification strategies involving income increases; these studies as well as prior research on stock …
Persistent link: https://www.econbiz.de/10010877960
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Knowledge is Power - A Theory of Information, Income, and Welfare Spending
Lind, Jo Thori; Rohner, Dominic - CESifo - 2011
. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters … strong correlation between income and political information, Congress representatives vote more conservatively, which is also …
Persistent link: https://www.econbiz.de/10009324089
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The Global Joint Distribution of Income and Health
Wu, Ximing; Savvides, Andreas; Stengos, Thanasis - CESifo - 2008
We investigate the evolution of global welfare in two dimensions: income per capita and life expectancy. First, we … estimate the marginal distributions of income and life expectancy separately. More importantly, in contrast to previous … univariate approaches, we consider income and life expectancy jointly and estimate their bivariate global distribution for 137 …
Persistent link: https://www.econbiz.de/10005196304