Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/26394 
Kompletter Metadatensatz
Erscheint in der Sammlung:
DublinCore-FeldWertSprache
dc.contributor.authorDam, Lammertjanen
dc.contributor.authorHeijdra, Ben J.en
dc.date.accessioned2008-07-22-
dc.date.accessioned2009-07-28T08:31:21Z-
dc.date.available2009-07-28T08:31:21Z-
dc.date.issued2008-
dc.identifier.urihttp://hdl.handle.net/10419/26394-
dc.description.abstractWe analyze the effects of socially responsible investment and public abatement on environmental quality and the economy in a continuous-time dynamic growth model featuring optimizing households and firms. Environmental quality is modelled as a renewable resource. Consumers can invest in government bonds or firm equity. Since investors feel partly responsible for environmental pollution when holding firm equity, they require a premium on the return to equity. We show that socially responsible investment behaviour by households partially offsets the positive effects on environmental quality of public abatement policies.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x2349en
dc.subject.jelH23en
dc.subject.jelM14en
dc.subject.jelO16en
dc.subject.jelO41en
dc.subject.jelQ21en
dc.subject.ddc330en
dc.subject.keywordSocially responsible investmenten
dc.subject.keywordeconomic growthen
dc.subject.keywordenvironmental economicsen
dc.subject.keywordresource dynamicsen
dc.subject.keywordstock marketen
dc.subject.stwEthische Geldanlageen
dc.subject.stwKapitalanlageen
dc.subject.stwUmweltbewusstseinen
dc.subject.stwUmweltpolitiken
dc.subject.stwUmweltschutzinvestitionen
dc.subject.stwWirtschaftspolitische Wirkungsanalyseen
dc.subject.stwUmweltschutzen
dc.subject.stwErneuerbare Ressourcenen
dc.subject.stwWachstumstheorieen
dc.subject.stwTheorieen
dc.titleThe environmental and macroeconomic effects of socially responsible investment-
dc.typeWorking Paperen
dc.identifier.ppn572271727en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Datei(en):
Datei
Größe
266 kB





Publikationen in EconStor sind urheberrechtlich geschützt.