The implementation of green development and the promotion of harmonious coexistence between humans and nature has become important strategic directions for the development of our country in the new era, and the concept of ESG, which is in line with this development concept, has drawn a lot of...

Purpose: We introduce non-Ricardian ("hand-to-mouth") myopic agents into an otherwise standard real-business-cycle (RBC) setup augmented with a detailed government sector.We investigate the quantitative importance of the presence of non-optimizing households for cyclical fluctuations in...