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Palokangas_assept_200108.pdf

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/96731 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/96731 http://eprints.org/relation/isIndexCodesVersionOf https://pure.iiasa.ac.at/id/document/96731 archive 353 disk0/00/01/77/71 2022-01-25 13:05:21 2022-01-26 17:11:15 2022-01-25 13:05:21 book_section show Palokangas T. 8295 pub ASA SYRR This study considers a market economy where firms produce goods from labor and capital and households supply labor, rear children, save in capital, promote their members’ health and longevity by health care, and derive utility from their consumption and children, without caring of their adult offspring. There is a risk that population growth and capital accumulation trigger a lethal environmental disaster. Optimal policy is solved by a game where the government is the leader and the representative household the follower. The solution yields precautionary taxes on both capital income and health care. 2021 published Springer 10.1007/978-3-030-54576-5_12 224 public 25 Cham 267-285 TRUE 978-3-030-54576-5 1566-0419 Dynamic Economic Problems with Regime Switches Haunschmied J. Kovacevic R. Semmler W. Veliov V. no info:eu-repo/semantics/bookPart