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 …

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 …

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 …

-state ecological equilibria. Under shallow-lake dynamics (SLD), the isocline for the stock of pollution features two stable branches, a …

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 …

that the influence of environment on optimal growth in the long-run may be explained by the detrimental effect of pollution … ability of the agents to learn is independent to pollution and utility is additively separable. Finally, it establishes that …

We develop an overlapping generations model where consumption is the source of polluting emissions. Pollution stock … and vanishes beyond a critical level of pollution. We first show that multiple equilibria exist. More importantly, some … exhibit irreversible pollution levels although an abatement activity is operative. Thus, the simple engagement of maintenance …