We consider an overlapping generations model with environment and an elastic labor supply. In this framework, consumers have to choose between consumption, environmental quality, and leisure. We show the existence of both deterministic cycles and indeterminacy. In contrast to previous results,...

Since the publication of the Brundtland Report more than 20 years ago, sustainable development became always more popular. If it is probably necessary to operationalize it more effectively in order to foster its daily perception by people, sustainable development remains a soft concept since the...

[fre] Bien que la France ait écarté jusqu’ici l’idée de recourir à des instruments incitatifs pour réduire la pollution diffuse aux nitrates, cet article revient sur le potentiel de ces instruments tels qu’ils ont été employés par certains de nos voisins européens ou, à défaut,...

[eng] Based upon a critical review of various works about nitrate NPS pollution, we show that in the debate opposing price vs. quantity instruments to regulate pollution, it is possible to refine — and even more to go past — the measures which fail to reduce pollution, but at a significantly...

When information on farmers’ farming methods is incomplete, it isnot optimal to fight water pollution due to their activities exclusively through a tax policy. Symmetrically, subsidies alone are not appropriate for some cereals which are already widely subsidized in the European Union. In this...