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We study how income inequality affects the social value of a dynamic public good, such as natural capital. Our theory shows that both intra- and intertemporal inequality affect the social value of public natural capital. The direction and size of the effects are driven by the degree of...
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Chapter 1. Current Context and the Targets Ahead -- Chapter 2. Income Inequality: An Indicator of Declining Growth -- Chapter 3. The Impacts of Inequality and Effects of External Factors in Economics -- Chapter 4. Economics and Sustainability: An Introduction to the ESGB Model -- Chapter 5. The...
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In this paper, the relation between the equality of income distribution and sustainable development is discussed. This issue is elaborated using theories of justice of John Stuart Mill, John Roemer, John Rawls and Amartya Sen.
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