Pautrel, Xavier - Fondazione ENI Enrico Mattei (FEEM) - 2009
Using a time-separable utility function where leisure is introduced through the disutility of working time and is … harmful for growth. A tighter environmental tax reduces the incentives to educate by increasing leisure time and lowers the … (1998) according to which, in the presence of leisure, the environmental tax does not affect human capital accumulation if …