This paper analyzes stochastic productive pollution within a model of endogenous growth. The extent to which the agents … perceive their individual influence on aggregate pollution is parameterized. Recursive preferences allow for the separation … stochastic pollution tax, which is uncorrelated with the technological uncertainty of pollution, is compared with a pure …

This paper analyzes the impact of pollution and abatement policy within a stochastic endogenous growth model. The …

Political economy may provide an important link between inequality and pollution. This paper studies the dynamic … relationship between inequality and redistributive policy leading to differing transitional paths of pollution to the steady state …, using a pollution-augmented framework developed by Benabou and employing numerical simulations. The results indicate that …

model with pollution as an aggregate externality. The decisive voter, whose income can differ from the median one, chooses …