Mariani, Fabio; Pérez-Barahona, Agustin; Raffin, Natacha - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2008
We present an OLG model in which life expectancy and environmental quality dynamics are jointly determined. Agents may … invest in environmental quality, depending on how much they expect to live, but also in order to leave good environmental … expectancy / low environmental quality trap. This outcome is consistent with stylized facts relating life expectancy and …