Pollution effects on labor supply and growth

Stefano Bosi, David Desmarchelier and Lionel Ragot ()

International Journal of Economic Theory, 2015, vol. 11, issue 4, 371-388

Abstract: type="main" xml:lang="en">

Recent empirical contributions have observed a significant negative impact of pollution on labor supply. These impacts have been largely ignored in the theoretical literature, which has focused on the effects of pollution on consumption demand. In this paper we study the short- and long-run effects of pollution in a Ramsey model where pollution and labor supply are non-separable arguments in households’ preferences. We determine sufficient conditions for the existence and uniqueness of a long-term equilibrium and we show how large (negative) effects of pollution on labor supply may promote macroeconomic volatility (deterministic cycles near the steady state) through a flip bifurcation.

Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://hdl.handle.net/ (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Pollution effects on labor supply and growth (2015)
Working Paper: Pollution effects on labor supply and growth (2014)
Working Paper: Pollution effects on labor supply and growth (2014)
Working Paper: Pollution Effects on Labor Supply and Growth (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ijethy:v:11:y:2015:i:4:p:371-388

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1742-7355

Access Statistics for this article

International Journal of Economic Theory is currently edited by Kazuo Nishimura and Makoto Yano

More articles in International Journal of Economic Theory from The International Society for Economic Theory
Bibliographic data for series maintained by Wiley Content Delivery ().