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In this article we extend the recent literature on overlapping generations with a pollution sector by allowing … generations to have a certain pollution perception with regards to the stock of pollution. Pollution perception, assumed to be … part of the generations' preferences, can be either a concern for the flow of pollution only, or for the stock, or anything …
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This paper concerns optimal emissions of greenhouse gases when catastrophic consequences are possible. A numerical model is presented which takes into account both continuous climate-feedback damages as well as the possibility of a catastrophic outcome. The uncertainty in the model concerns...
Persistent link: https://www.econbiz.de/10011608379
relies on the link between pollution, health and the survival probability, in an overlapping generations model à la Blanchard … effect on growth in the steady-state when the detrimental impact of pollution on health and lifetime is taken into account … of environmental taxes) when public expenditures in health and/or the impact of pollution on health are important …
Persistent link: https://www.econbiz.de/10010312526
work when they are young and own capital when they are old. Pollution externalities are present due to the use of a … polluting factor. The government uses the revenue from a capital-income tax and a pollution tax for a lump-sum transfer to the …-economic equilibrium, the lower the skill of the median individual is relative to the average, the smaller the pollution tax and the …
Persistent link: https://www.econbiz.de/10011608600
Model uncertainty is inherent in the design of optimal environmental policy. We investigate the consequences in a simple linear model, where the aim of the policymaker is to stabilize the carbon content of the atmosphere. We study how decision-makers' concerns about robustness alter policy using...
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-state ecological equilibria. Under shallow-lake dynamics (SLD), the isocline for the stock of pollution features two stable branches, a …
Persistent link: https://www.econbiz.de/10010274231
Environmental pollution adversely affects children’s probability to survive to adulthood, reduces thus parental … inequality and pollution on children’s health may be amplified, if the population group that is least affected decides about tax …-financed abatement measures. Our theory provides a candidate explanation for (1) the observed positive correlation between inequality and …
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