JOUVET, Pierre-André; PESTIEAU, Pierre; PONTHIERE, Gregory - Center for Operations Research and Econometrics (CORE), … - 2007
Whereas existing OLG models with endogenous longevity neglect the impact of environmental quality on mortality, this … paper studies the design of the optimal public intervention in a two-period OLG model where longevity is influenced … positively by health expenditures, but negatively by pollution due to production. It is shown that if individuals, when choosing …