Intergenerational Altruism and the Environment

Jouvet, Pierre‐André; Michel, Philippe; Vidal, Jean‐Pierre

doi:10.1111/1467-9442.00188

Cited by 66 publications

(48 citation statements)

References 13 publications

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“…On the contrary, Jouvet et al (2007) consider the impact of environmental quality on mortality, but neglect completely the role of mortality in defining environmental choices and leave no room for maintenance. Furthermore, our model is also somewhat related to Jouvet et al (2000), in which the degree of inter-generational altruism is used to explain environmental choices.…”

Section: Introductionmentioning

confidence: 99%

Life expectancy and the environment

Mariani

Pérez-Barahona

Raffin

2010

Journal of Economic Dynamics and Control

140

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We present an OLG model in which life expectancy and environmental quality dynamics are jointly determined. Agents may invest in environmental quality, depending on how much they expect to live. In turn, environmental conditions affects life expectancy. The model produces multiple steady-states (development regimes) and initial conditions do matter. In particular, some countries may be trapped in a low life expectancy / low environmental quality trap. This outcome is consistent with stylized facts relating life expectancy and environmental performance measures. Possible strategies to escape from this kind of trap are also discussed. Finally, we show that our results are robust to the introduction of human capital dynamics, driven by parentally funded education. JEL classification: D62; J24; O11; Q56.

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Section: Introductionmentioning

confidence: 99%

Life expectancy and the environment

Mariani

Pérez-Barahona

Raffin

2010

Journal of Economic Dynamics and Control

140

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“…Another answer is to impose an upper-bound on emissions, often given exogenously (see for example Jouvet, Michel and Vidal (2000)). …”

Section: Production Technologymentioning

confidence: 99%

Equilibrium with a Market of Permits

2004

Self Cite

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“…The approach of Jouvet et al (2000) is different. Using an overlapping generations model, they characterize conditions in which altruistic agents voluntarily contribute to environmental quality.…”

Section: Introductionmentioning

confidence: 99%

Destructive Intergenerational Altruism

Asheim¹,

Nesje²

2016

Journal of the Association of Environmental and Resource Econom

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AbstractAre the probable future negative effects of climate change an argument for decreasing the discount rate to promote the interests of future generations? The analysis of the present paper suggests that such stronger intergenerational altruism might undermine future wellbeing if not complemented by collective climate action. In the standard one-sector model of economic growth normatively attractive outcomes will be implemented if each generation has sufficient altruism for its descendants. This conclusion is radically changed in a two-sector model where one form of capital is more productive than the other, but leads to negative atmospheric externalities. In fact, the model shows that, if each dynasty is trying to get ahead in a world threatened by climate change by increasing its intergenerational altruism, then long-term wellbeing will be seriously undermined.

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Intergenerational Altruism and the Environment

Cited by 66 publications

References 13 publications

Life expectancy and the environment

Life expectancy and the environment

Equilibrium with a Market of Permits

Destructive Intergenerational Altruism

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