endogenous growth model. Individuals take only part of their impact on pollution into account, hence there is a negative … externality of capital accumulation on environmental quality. Increasing wealth or increasing pollution enhance green attitude and … reduce the externality, because individuals care more about the environment if their income is higher or if pollution is more …

This paper analyzes stochastic productive pollution within a model of endogenous growth. The extent to which the agents … perceive their individual influence on aggregate pollution is parameterized. Recursive preferences allow for the separation … stochastic pollution tax, which is uncorrelated with the technological uncertainty of pollution, is compared with a pure …

This paper analyzes the impact of pollution and abatement policy within a stochastic endogenous growth model. The …

We consider an optimal consumption and pollution problem that has two important features. Environmental damages due to …

This paper extends the classical exhaustible-resource/stock-pollution model with the irreversibility of pollution decay …. Within this framework, we answer the question how the potential irreversibility of pollution affects the extraction path. We … example. To sum up, for any pollution level, we can identify a critical resource stock such that there exist multiple optima i …

This paper extends the classical exhaustible-resource/stock-pollution model with the irreversibility of pollution decay …. Within this framework, we answer the question how the potential irreversibility of pollution affects the extraction path. We … example. To sum up, for any pollution level, we can identify a critical resource stock such that there exist multiple optima i …