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Trading Off Generations: Infinitely Lived Agent Versus OLG
Schneider, Maik T.; Traeger, Christian; Winkler, Ralph - CESifo - 2012
The prevailing literature discusses intergenerational trade-offs in climate change predominantly in terms of the Ramsey equation relying on the infinitely lived agent model. We discuss these trade-offs in a continuous time OLG framework and relate our results to the infinitely lived agent...
Persistent link: https://www.econbiz.de/10009649700
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Knowledge is Power - A Theory of Information, Income, and Welfare Spending
Lind, Jo Thori; Rohner, Dominic - CESifo - 2011
. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters … strong correlation between income and political information, Congress representatives vote more conservatively, which is also …
Persistent link: https://www.econbiz.de/10009324089
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Recession Depression: Mental Health Effects of the 2008 Stock Market Crash
McInerney, Melissa; Mellor, Jennifer M.; Nicholas, … - CESifo - 2013
-being on health use identification strategies involving income increases; these studies as well as prior research on stock …
Persistent link: https://www.econbiz.de/10010877960