This paper develops a dynamic model wherin production generates pollution that is viewed as a public bad by consumers. There are two types of consumers: those who are altruist a la Barro-Becker and leave bequests to their children and those who are pure life-cyclers. Both types of consumers...

This paper presents an overlapping generations model of environmental externalities with a depollution technology. each agent concerned by the environmental degradation can volutary contribute in order to reduce it. Contributing to the environmental quality means financing depollution activities...

This paper questions the link between the establishment of a common currency among several countries and the necessity of political coordination. It begins by discussing why conducting a single monetary policy is thought to be easier within a single political unit. It then proceeds to enquire...

The special issue of Annales d'Economie et Statistique presented here comes out of an international conference which was held in Marseilles (GREQAM) in June 1994 in connection with a programme of Commissariat General au Plan and with the support of ADRES. Sixty scholars, specialists in economic...

Restricting attention to quasi-linear utility functions, we examine in the paper the distributive incidence of income taxes used to finance the production of a single public good.

We present new conditions that guarantee the existence of mechanism with a unique or essentially unique equilibrium in auction and public goods problems with quasi-linear utility functions. These conditions bear only on the information structures of the agents.