Demography and pollution

Stefano Bosi and David Desmarchelier

Research in Economics, 2013, vol. 67, issue 4, 316-323

Abstract: In this paper, we consider an OG model with endogenous fertility and pollution externalities. We assume that pollution lowers the productivity. In the long run, under dominant income (substitution) effects, a raise in the cost of rearing children, increases (decreases) consumption and decreases (increases) pollution. In the short run, under dominant income effects, a sufficiently low pollution elasticity of labor productivity promotes deterministic cycles through a Hopf bifurcation jointly with expectations-driven fluctuations.

Keywords: Pollution; Fertility; Indeterminacy (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (3)

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Working Paper: Demography and pollution (2013)
Working Paper: Demography and pollution (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reecon:v:67:y:2013:i:4:p:316-323

DOI: 10.1016/j.rie.2013.07.004

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