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investment shift implies lower climate policy costs and improved welfare if capital is underaccumulated. We prove that under …
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disincentives, especially among the elderly. -- Social Security reform and sustainability ; general equilibrium ; labor force …
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An economy with clean and dirty intermediate inputs may fall into a trap characterized by low environmental quality and low life expectancy, while the others converge to opposite steady states. We propose new strategies towards sustainable growth. They include: (i) taxes (subsidies) imposed on...
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