Arbeitspapier

Environmental Abatement and Intergenerational Redistribution

This paper employs an overlapping-generations model to explore the impact of public abatement on private investment and the intergenerational distribution of welfare. Whereas public abatement benefits the oldest generations in terms of non-environmental welfare, future generations gain most in terms of environmental welfare. The overall benefits tend to be smallest for the generations born at the time of the unanticipated policy shock. Public debt policy, however, can be employed to ensure that welfare gains are distributed more equally across the various generations. Such a policy implies that natural capital crowds out man-made capital.

Sprache
Englisch

Erschienen in
Series: EPRU Working Paper Series ; No. 2000-08

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Bovenberg, A. Lans
Heijdra, Ben J.
Ereignis
Veröffentlichung
(wer)
University of Copenhagen, Economic Policy Research Unit (EPRU)
(wo)
Copenhagen
(wann)
2000

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bovenberg, A. Lans
  • Heijdra, Ben J.
  • University of Copenhagen, Economic Policy Research Unit (EPRU)

Entstanden

  • 2000

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