Short-lived agents and the long-lived environment

作者: A. John , R. Pecchenino , D. Schimmelpfennig , S. Schreft

DOI: 10.1016/0047-2727(94)01459-2

关键词: EconomicsExternalityBusiness economicsEnvironmental qualityMarket economyTime horizonOverlapping generations modelCapital accumulationGovernmentAgency (sociology)

摘要: … In the first the tax is determined by a one-periodlived … We also analyze the decisions of a long-lived planner who … by a sequence of short-lived planners may be dynamically inefficient in …

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