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We consider an overlapping generations model with environment and an elastic labor supply. In this framework, consumers have to choose between consumption, environmental quality, and leisure. We show the existence of both deterministic cycles and indeterminacy. In contrast to previous results,...
Persistent link: https://www.econbiz.de/10010750468
We consider an overlapping generations model with environment and an elastic labor supply. In this framework, consumers have to choose between consumption, environmental quality, and leisure. We show the existence of both deterministic cycles and indeterminacy. In contrast to previous results,...
Persistent link: https://www.econbiz.de/10008795124
We consider an overlapping generations model with environment, where we introduce an elastic labor supply. In this framework, consumers have to choose between consumption, environmental quality and leisure. We establish that several steady states can coexist, even under a Cobb-Douglas...
Persistent link: https://www.econbiz.de/10005422853
Persistent link: https://www.econbiz.de/10010780464
Nous étudions expérimentalement le comportement de sujets confrontés, dans une population, à une multiplicité de jeux du dilemme du prisonnier, suivant que les interactions sont bilatérales ou multilatérales. Nous observons, (i), une coopération significativement supérieure en cas de...
Persistent link: https://www.econbiz.de/10005422881
Nous présentons un modèle "prospectif" avec deux économies à générations imbriquées : L'une, riche, a stabilisé son stock de gaz à effet de serre dans un passé récent, alors que l'autre, pauvre, entâme une phase d'émissions croissantes sans moyen de lutter contre. Ces externalités...
Persistent link: https://www.econbiz.de/10005230739
In this article, we study the question of intergenerational equity in a framework that displays two kinds of agents distinguished by their non dynastic intergenerational altruism. The more altruist agents regarding the transmitted environment are qualified of ecologists, whereas the others, less...
Persistent link: https://www.econbiz.de/10005385272
We provide a methodology to study the role of market distortions on the emergence of indeterminacy and bifurcations. Most of the specific market imperfections considered in the related literature are particular cases of our framework. Comparing them we obtain several equivalence results in terms...
Persistent link: https://www.econbiz.de/10008869307
We provide a methodology to study the role of market distortions on the emergence of indeterminacy and bifurcations. Most of the specific market imperfections considered in the related literature are particular cases of our framework. Comparing them we obtain several equivalence results in terms...
Persistent link: https://www.econbiz.de/10008922965
Recently, many contributions have focused on the relationship between capital accumulation, growth and population dynamics, introducing fertility choice in macro-dynamic models. In this paper, we go one step further highlighting also the link with pollution. We develop a simple overlapping...
Persistent link: https://www.econbiz.de/10009325714