Showing 1 - 4 of 4
Commodity price increases associated with the entry of China, India and other countries into the world economy has led to increased pressure on common-property renewable natural resources (NR). The problem is particularly worrisome for economies that obtain a large share of their income from the...
Persistent link: https://www.econbiz.de/10003961657
Unemployment may depend on equilibrium in other markets than the labor markets. This paper adresses this old idea by introducing search frictions on several markets: in a model of credit and labor market imperfections as in Wasmer and Weil (2004), I further introduce search on the goods market....
Persistent link: https://www.econbiz.de/10009308020
Degrowth as responses to planetary overshoot. It concludes that neither Green Growth nor Degrowth will stop overshoot. Moreover …, Degrowth may worsen the environment, is a costly method to reduce carbon emissions, is a form of austerity for the working … class, is redundant, and is politically infeasible. Finally, a third approach beyond Green Growth and Degrowth is outlined …
Persistent link: https://www.econbiz.de/10014279848
The Degrowth Movement calls for "degrowth" - a reduction in GDP in advanced economies - to avert an ecological crisis …. This paper argues that the Degrowth Movement misses that the West is already in a state resembling degrowth - a Great … Stagnation. This state of degrowth and its correlates, declining entrepreneurship, innovation, science, and research productivity …
Persistent link: https://www.econbiz.de/10014286501