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Whereas existing OLG models with endogenous longevity neglect the impact of environmental quality on mortality, this paper studies the design of the optimal public intervention in a two-period OLG model where longevity is influenced positively by health expenditures, but negatively by pollution...
Persistent link: https://www.econbiz.de/10005763157
This paper re-examines the spaceship problem, i.e. the design of the optimal population under the environmental constraint of a fixed area available for life, by focusing on the dilemma between adding new beings and extending the life of existing beings. For that purpose, we characterize, under...
Persistent link: https://www.econbiz.de/10005763158
This paper studies the determination of public investment in environmental quality when there are private alternatives. Public investment is chosen by majority voting. When consumption and environmental quality are complementary one may observe a solution of the type "ends against the middle".
Persistent link: https://www.econbiz.de/10005763166