Diskontraten: Endogen oder nicht endogen? / Disounting: Endogenous or not Endogenous?: Eine umweltrelevante Fragestellung / Implications for the Environment
This paper explores implications that arise for growth and environmental policy when discount rates are endogenous. Standard growth models usually assume discount rates to be independent of any economic or environmental considerations. In our paper we argue that discount rates depend upon the state of the environment.
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Volume (Year): 225 (2005)
Issue (Month): 4 (August)
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References listed on IDEAS
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382, Bank of Italy, Economic Research and International Relations Area.
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"Transitional impacts of environmental policy in an endogenous growth model,"
Other publications TiSEM
e002b2ed-f04f-4ffc-98f8-0, Tilburg University, School of Economics and Management.
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- Das, Mausumi, 2003. "Optimal growth with decreasing marginal impatience," Journal of Economic Dynamics and Control, Elsevier, vol. 27(10), pages 1881-1898, August.
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