Abstract:
In an overlapping generaions model where the production requires two essential inputs, on of which is non-renewable, say oil, but could be replaced by an everlasting substitute, say solar (the backstop), capital accumulation and fertility decisions emerged from the optimizing behavior of economic agents are examined.
More papers in Working Papers from Laval - Recherche en Energie Address: UNIVERSITE LAVAL, GREEN, DEPARTEMENT D'ECONOMIQUE, QUEBEC G1K 7P4. Contact information at EDIRC. Series data maintained by Thomas Krichel ().