Pollution effects on labor supply and growth
"Some recent empirical contributions have pointed out a significant negative impact of pollution on labor supply. These impacts have been largely ignored in the theoretical literature, which, instead, focused on the case of pollution effects on consumption demand. In this paper, we study the sh...
Main Authors: | , , , |
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Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
St. Petersburg
2013
CEEES |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19122192124919403749-Pollution-effects-on-labor-sup.htm |
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author | Center for Energy and Environmental Economic Studies, St. Petersburg Bosi, Stefano Desmarchelier, David Ragot, Lionel |
author_facet | Center for Energy and Environmental Economic Studies, St. Petersburg Bosi, Stefano Desmarchelier, David Ragot, Lionel |
collection | Library items |
description | "Some recent empirical contributions have pointed out a significant negative impact of pollution on labor supply. These impacts have been largely ignored in the theoretical literature, which, instead, focused on the case of pollution effects 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 nonseparable arguments in households’ preferences. We determine sufficient conditions for existence and uniqueness of a longterm equilibrium and we show how large (negative) effects of pollution on labor supply may promotes macroeconomic volatility (deterministic cycles near the steady state) through a flip bifurcation." |
format | TEXT |
id | 19122192124919403749_15da4a303c2a4ba2ad5056a14589c6ed |
institution | ETUI-European Trade Union Institute |
is_hierarchy_id | 19122192124919403749_15da4a303c2a4ba2ad5056a14589c6ed |
is_hierarchy_title | Pollution effects on labor supply and growth |
language | English |
physical | 17 p. Digital |
publishDate | 2013 |
publisher | St. Petersburg CEEES |
spellingShingle | Center for Energy and Environmental Economic Studies, St. Petersburg Bosi, Stefano Desmarchelier, David Ragot, Lionel economic growth labour market labour supply pollution Pollution effects on labor supply and growth |
thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=109851392703 |
title | Pollution effects on labor supply and growth |
topic | economic growth labour market labour supply pollution |
url | https://www.labourline.org/KENTIKA-19122192124919403749-Pollution-effects-on-labor-sup.htm |