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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Macroeconomic Implications of Demography for the Environment: A Life-Cycle Perspective | |
Xavier Pautrel | |
发表日期 | 2009 |
出处 | Climate Change and Sustainable Development |
出版年 | 2009 |
语种 | 英语 |
摘要 | This article studies how demography affects the outcome of the environmental policy in a macro-economic perspective, incorporating age-earning profiles in an OLG model à la Blanchard (1985) to capture the age structure effect of the demographic shocks. It first demonstrates, conversely to previous works of the related literature that a decrease in the birth rate may lower the steady-state per capita stock of physical capital even if the aggregate labor supply is exogenous. It also demonstrates that the ageing of population influences the macro-economic impact of the environmental policy according to the cause of the ageing and the life-cycle earnings assumption. Thus, with decreasing age-earning profiles, a lower birth rate reduces the detrimental impact of the environmental policy on the steady-state per capita stock of physical capital for low values of this birth rate, while a reduction of the mortality rate reinforces the negative outcome of the environmental policy. When earnings profiles are independent of age, ageing always strengthens the negative impact of the environmental policy. |
特色分类 | Q56 |
关键词 | Demography,Environment |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/macroeconomic-implications-of-demography-for-the-environment-a-life-cycle-perspective/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117683 |
推荐引用方式 GB/T 7714 | Xavier Pautrel. Macroeconomic Implications of Demography for the Environment: A Life-Cycle Perspective. 2009. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2009-005.pdf(862KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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