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Pollution as a source of endogenous fluctuations and periodic welfare inequality in OLG economies

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  • Seegmuller, Thomas
  • Verchere, Alban

Abstract

This article examines the conditions under which endogenous fluctuations and periodic welfare inequality can emerge in OLG economies having an environmental dimension.

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File URL: http://www.sciencedirect.com/science/article/B6V84-4CJY2KS-2/2/13727f02ced2ed5447ca4b4791a8cc0c
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Bibliographic Info

Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 84 (2004)
Issue (Month): 3 (September)
Pages: 363-369

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Handle: RePEc:eee:ecolet:v:84:y:2004:i:3:p:363-369

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Web page: http://www.elsevier.com/locate/ecolet

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  1. John, A & Pecchenino, R, 1994. "An Overlapping Generations Model of Growth and the Environment," Economic Journal, Royal Economic Society, vol. 104(427), pages 1393-1410, November.
  2. Cazzavillan, Guido & Lloyd-Braga, Teresa & Pintus, Patrick, 1996. "Multiple steady states and endogenous fluctuations with increasing returns to scale in production," CEPREMAP Working Papers (Couverture Orange) 9618, CEPREMAP.
  3. Kotlikoff, Laurence J., 2002. "Generational policy," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 4, chapter 27, pages 1873-1932 Elsevier.
  4. Howarth, Richard B & Norgaard, Richard B, 1992. "Environmental Valuation under Sustainable Development," American Economic Review, American Economic Association, vol. 82(2), pages 473-77, May.
  5. Antonio Rangel, 2003. "Forward and Backward Intergenerational Goods: Why Is Social Security Good for the Environment?," American Economic Review, American Economic Association, vol. 93(3), pages 813-834, June.
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