Arbeitspapier
Demographic change and climate change
The paper uses a continuous-time overlapping-generations model with endogenous growth and pollution accumulation over time to study the link between longevity and global warming. It is seen that increasing longevity accelerates climate change in a business-as-usual scenario without climate policy. If a binding emission target is set exogenously and implemented via a cap-and-trade system, the price of emission permits is increasing in longevity. Longevity has no effect on the optimal solution of the climate problem if perfect intergenerational transfers are feasible. If these transfers are absent, the impact of longevity is ambiguous.
- Language
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Englisch
- Bibliographic citation
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Series: Thünen-Series of Applied Economic Theory - Working Paper ; No. 160
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Rauscher, Michael
- Event
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Veröffentlichung
- (who)
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Universität Rostock, Institut für Volkswirtschaftslehre
- (where)
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Rostock
- (when)
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2019
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Rauscher, Michael
- Universität Rostock, Institut für Volkswirtschaftslehre
Time of origin
- 2019
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