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leads to an endogenous, unequal distribution of the health-related consequences of pollution across income groups in a … afford private mitigation of the adverse consequences of pollution is a central feature of the analysis. Private mitigation … manner consistent with epidemiologic studies, in contrast to much of the literature which assumes equal health effects for …
Persistent link: https://www.econbiz.de/10005094435
growth rate of consumption and the capital stock until a shock arrives, triggering a downward jump in both variables. Optimum … baseline model by adding climate-induced fluctuations around the growth trend and stock-pollution effects, demonstrating …
Persistent link: https://www.econbiz.de/10011082827
The perception of disease risks and risky health behaviors are closely associated. In this paper, we investigate the … accuracy of disease risk perceptions among obese individuals. We compare subjective risk perceptions for various diseases …
Persistent link: https://www.econbiz.de/10010877831
The paper studies the determinants of income distribution and growth in an overlapping generations economy with heterogenous households. Our framework has the following main features: (1) heterogeneity of consumers with respect to wealth and parental human capital; (2) intergenerational...
Persistent link: https://www.econbiz.de/10005405855
We reexamine the properties of optimal fiscal policy and their implications for implementable capital accumulation. The setup is a standard endogenous growth model with public production services, augmented by elastic labor supply. We show that, when a benevolent government chooses a distorting...
Persistent link: https://www.econbiz.de/10005406014
In this paper we investigate the effects of tax competition in a simple endogenous growth model with elastic labor supply. Our analysis focuses on two issues. First, we show that all taxes, i.e. on capital, labor, and consumption, are harmful for growth. Second, we derive the optimal tax policy....
Persistent link: https://www.econbiz.de/10005406096
an endogenous growth model with partisan electoral effects, we demonstrate that political uncertainty will generate a …
Persistent link: https://www.econbiz.de/10005406316
two technology shocks in the human capital model is greater than the Hicks-neutral shock in the RBC model in the medium …
Persistent link: https://www.econbiz.de/10004979395
We study the stability of voluntary cooperation in response to varying rates at which a group grows. Using a laboratory public-good game with voluntary contributions and economies of scale, we construct a situation in which expanding a group’s size yields potential efficiency gains, but only...
Persistent link: https://www.econbiz.de/10010877699
This paper explores the long-run impacts of tax policy in a two-country model of endogenous growth with variable labor supply. We focus on international spillover effects of tax reforms under alternative trade structures. It is shown that if the instantaneous utility function of the...
Persistent link: https://www.econbiz.de/10010877833