Showing 1 - 10 of 13
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This paper develops a simple endogenous growth model of human capital accumulation with social status effects. These include status from job quality, as indicated by their relative level of education, as well as 'keeping up with the Joneses' in consumption. Symmetrically held, social aspirations...
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Chapter 1: Introduction: The Social and Behavioural Turn in Macroeconomics -- Chapter 2: Behavioural Economics: A Review -- Chapter 3: Sociality and behavioural traits in Macroeconomics -- Chapter 4: Socio-behavioural traits and long-run growth -- Chapter 5: Hyperbolic discounting, labour supply...
Persistent link: https://www.econbiz.de/10015340059
[fre] Certains auteurs, tels P. Schou ou P. Aghion et P. Howitt, ont caractérisé les sentiers optimaux de croissance dans un modèle schumpétérien en présence d'une ressource non renouvelable. Le premier objectif de cet article est de montrer comment ces sentiers peuvent être implémentés...
Persistent link: https://www.econbiz.de/10010978581
The paper considers an endogenous growth model with climate change as well as three R&D sectors dedicated to energy, CCS (Carbon Capture and Storage) and backstop efficiency. First, we characterize the set of decentralized equilibria: a particular equilibrium is associated with any vector of...
Persistent link: https://www.econbiz.de/10011043446
[fre] Nous présentons un modèle de croissance endogène dans lequel l’utilisation d’une ressource naturelle non renouvelable polluante génère des émissions de CO2, dont une partie peut être séquestrée. Ceci rompt l’habituel lien systématique entre utilisation de la ressource et...
Persistent link: https://www.econbiz.de/10010978331
We present a model of endogenous growth in which the use of a non-renewable resource in production yields CO2 emissions whose accumulated stock negatively affects welfare. A CCS technology enables, via some effort, a partial reduction of these emissions.
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