Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/290484 
Authors: 
Year of Publication: 
2021
Citation: 
[Journal:] Naše gospodarstvo / Our Economy [ISSN:] 2385-8052 [Volume:] 67 [Issue:] 1 [Year:] 2021 [Pages:] 1-12
Publisher: 
Sciendo, Warsaw
Abstract: 
The present paper presents a standard overlapping generations model with external habits formation and environmental quality in the utility function. Our main objective is to study the impact of external habits on capital accumulation and environmental quality on the intertemporal competitive equilibrium. We notice that striving for status leads to environment worsening and capital increasing when the cohort size is large.
Subjects: 
external habits
overlapping generations
environmental quality
JEL: 
D62
D91
E21
Q50
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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