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Taking as given that we are consuming too much and that overconsumption leads to environmental degradation, the present paper examines the regulator's choices between informative advertisement and consumption taxation. We model overconsumption by considering individuals that care about social...
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We present a theory of spatial development. A continuum of locations in a geographic area choose each period how much … diffuses spatially across locations. The result is an endogenous growth theory that can shed light on the link between the …
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