Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/74202 
Authors: 
Year of Publication: 
2006
Series/Report no.: 
Nota di Lavoro No. 93.2006
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
Using an overlapping generation model à la Blanchard (1985) with human capital accumulation, this article demonstrates that the influence of environment on optimal growth in the long-run may be explained by the detrimental effect of pollution on life expectancy. It also shows that, in such a case, greener preferences are growth- and welfare-improving even if the ability of the agents to learn is independent to pollution and utility is additively separable. Finally, it establishes that it is possible to implement a win-win environmental policy.
Subjects: 
Growth
Environment
Overlapping Generations
Human Capital
Health
JEL: 
E62
I21
O41
Q28
Document Type: 
Working Paper

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