Jouvet, Pierre-André; Michel, Philippe; Rotillon, Gilles - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2006
We study the optimal growth path and its decentralization in an overlapping generations model with two consumption goods and pollution effect. We consider two production sector i.e. one with a direct effect of pollution and the other with an indirect pollution effect by using energy. In the...