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Preserving environmental quality and addressing economic inequality both feature prominently in public discourse … consider interactions with the other. We synthesize theoretical mechanisms that underpin inequality-environment interlinkages … distribution of environmental amenities and dis-amenities is associated with income and wealth, second, how economic inequality …
Persistent link: https://www.econbiz.de/10012694139
We study how income inequality affects the social value of a dynamic public good, such as natural capital. Our theory … shows that both intra- and intertemporal inequality affect the social value of public natural capital. The direction and … the value of the public good increases (decreases) with intratemporal income inequality in the case of complements …
Persistent link: https://www.econbiz.de/10012387514