LABOR SUPPLY AND GROWTH EFFECTS OF ENVIRONMENTAL POLICY UNDER TECHNOLOGICAL RISK

Clemens C, Pittel K (2011)
Macroeconomic Dynamics 15(01): 31-59.

Zeitschriftenaufsatz | Veröffentlicht | Englisch
 
Download
Es wurden keine Dateien hochgeladen. Nur Publikationsnachweis!
Autor*in
Clemens, ChristianeUniBi; Pittel, Karen
Abstract / Bemerkung
This paper analyzes the effects of technological risk on long-run growth when labor supply is elastic and production gives rise to a pollution externality. We show that the randomness of production, as well as the endogeneity of labor supply, affects the equilibrium solutions for the social planner and for the market economy. We analyze the effects of environmental policy, discuss conditions for an optimal policy, and find that the response of labor supply to changes in the model parameters and to variations in the policy instruments crucially depends on the volatility of output.
Stichworte
Elastic Labor Supply; Abatement; Pollution; Stochastic Growth
Erscheinungsjahr
2011
Zeitschriftentitel
Macroeconomic Dynamics
Band
15
Ausgabe
01
Seite(n)
31-59
ISSN
1365-1005
eISSN
1469-8056
Page URI
https://pub.uni-bielefeld.de/record/2093536

Zitieren

Clemens C, Pittel K. LABOR SUPPLY AND GROWTH EFFECTS OF ENVIRONMENTAL POLICY UNDER TECHNOLOGICAL RISK. Macroeconomic Dynamics. 2011;15(01):31-59.
Clemens, C., & Pittel, K. (2011). LABOR SUPPLY AND GROWTH EFFECTS OF ENVIRONMENTAL POLICY UNDER TECHNOLOGICAL RISK. Macroeconomic Dynamics, 15(01), 31-59. https://doi.org/10.1017/S1365100509990988
Clemens, C., and Pittel, K. (2011). LABOR SUPPLY AND GROWTH EFFECTS OF ENVIRONMENTAL POLICY UNDER TECHNOLOGICAL RISK. Macroeconomic Dynamics 15, 31-59.
Clemens, C., & Pittel, K., 2011. LABOR SUPPLY AND GROWTH EFFECTS OF ENVIRONMENTAL POLICY UNDER TECHNOLOGICAL RISK. Macroeconomic Dynamics, 15(01), p 31-59.
C. Clemens and K. Pittel, “LABOR SUPPLY AND GROWTH EFFECTS OF ENVIRONMENTAL POLICY UNDER TECHNOLOGICAL RISK”, Macroeconomic Dynamics, vol. 15, 2011, pp. 31-59.
Clemens, C., Pittel, K.: LABOR SUPPLY AND GROWTH EFFECTS OF ENVIRONMENTAL POLICY UNDER TECHNOLOGICAL RISK. Macroeconomic Dynamics. 15, 31-59 (2011).
Clemens, Christiane, and Pittel, Karen. “LABOR SUPPLY AND GROWTH EFFECTS OF ENVIRONMENTAL POLICY UNDER TECHNOLOGICAL RISK”. Macroeconomic Dynamics 15.01 (2011): 31-59.

Export

Markieren/ Markierung löschen
Markierte Publikationen

Open Data PUB

Web of Science

Dieser Datensatz im Web of Science®

Suchen in

Google Scholar