Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/150537 
Year of Publication: 
2017
Citation: 
[Journal:] Economics: The Open-Access, Open-Assessment E-Journal [ISSN:] 1864-6042 [Volume:] 11 [Issue:] 2017-3 [Publisher:] Kiel Institute for the World Economy (IfW) [Place:] Kiel [Year:] 2017 [Pages:] 1-24
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
This paper presents a simple two-period overlapping generations model that contains environmental and health issues. It investigates an intergenerational conflict between old and young generations as regards two defensive expenditures offsetting the influence of a worsening environment represented here by health care and environmental investment. Workers support environmental maintenance while retirees prefer investing in health care. The authors have shown that an increasing support for private health expenditure leads to a higher level of capital accumulation and leads also to a higher level of environmental quality if the maintenance efforts are higher than consumption externalities.
Subjects: 
environmental expenditure
health care expenditure
overlapping generation
age-based conflict
JEL: 
D91
J11
Q20
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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