Pollution effects on preferences: A unified approach
In this paper, we introduce a unified Ramsey model where pollution has an impact on preferences and affects both consumption demand and labor supply.
In this paper, we introduce a unified Ramsey model where pollution has an impact on preferences and affects both consumption demand and labor supply.
In this paper we study the short- and long-run effects of pollution in a Ramsey model where pollution and labor supply are non-separable arguments in households’ preferences.
To capture the impact of pollution on economic growth, we compute the optimal policy in a continuous-time endogenous growth model à la Lucas (1988).