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In this paper, we investigate the external effects of the parent's decisions on the number of newly born children and the firm's decisions on the amount of polluting emissions that occur in industrial production. We employ an optimal control model which comprises three stock variables...
Persistent link: https://www.econbiz.de/10003379140
Population growth is often viewed as a most oppressive global problem with respect to environmental deterioration, but the relationships between population development, economic dynamics and environmental pollution are complex due to various feedback mechanisms. We analyze society’s economic...
Persistent link: https://www.econbiz.de/10003379148
In this paper, we estimate consumption in the first wave of the Eurosystem Household Finance and Consumption Survey for … a subset of countries that account for around 85% of the aggregate final consumption expenditure of households in the … questions on consumption asked to households participating in the survey and information on consumption collected in the …
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