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We survey the issue of environmental limits to growth in macroeconomic theory. We first analyse to what extent economic growth may be constrained in a world with finite natural resources. We next cover the topic of growth-induced environmental degradation. For both themes, we present the...
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We reassess the issue of limits to growth in an endogenous growth model of a decentralized economy where final productions require a recyclable essential material input. The model relies on technological assumptions consistent with the material balance principle and on an explicit distinction...
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We introduce the concept of carbon footprint into an aggregate demand and supply model with imperfectly competitive price and wage formation. We analyse the properties of the short-term macroeconomic equilibrium in the presence of a climate policy, which may take the form either of a carbon tax...
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[fre] Dans un cadre à la Hecscher-Ohlin, cet article étudie comment un commerce international croissant, défavorable au travail peu qualifié, affecte une économie industrialisée caractérisée par une rigidité à la baisse de certains salaires réels entraînant du chômage chez les...
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This paper presents an intertemporal model in which the agents may face different quantity constraints resulting from technological rigidities, microeconomic uncertainty and market segmentation. Its main purpose is to derive the path of the unemployment rate, the rate of capacity utilisation and...
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