Show simple item record

dc.contributor.author
Valente, Simone
dc.date.accessioned
2017-09-19T06:57:07Z
dc.date.available
2017-06-09T19:20:53Z
dc.date.available
2017-09-19T06:57:07Z
dc.date.issued
2006-10
dc.identifier.uri
http://hdl.handle.net/20.500.11850/46308
dc.identifier.doi
10.3929/ethz-a-005286662
dc.description.abstract
This paper analyzes overlapping-generations models where natural capital is owned by sel sh agents. Transfers in favor of young agents reduce the rate of depletion and increase output growth. It is shown that intergenerational transfers may be preferred to laissez-faire by an inde nite sequence of generations: if the resource share in production is su¢ ciently high, the welfare gain induced by preservation compensates for the loss due to taxation. This conclusion is reinforced when other assets are available, e.g. man-made capital, claims on monopoly rents, and R&D investment. Transfers raise the welfare of all generations, except that of the first resource owner: if resource endowments are taxed at time zero, all successive generations support resource-saving policies for purely sel sh reasons.
en_US
dc.format
application/pdf
dc.language.iso
en
en_US
dc.publisher
Eidgenössische Technische Hochschule Zürich
en_US
dc.rights.uri
http://rightsstatements.org/page/InC-NC/1.0/
dc.subject
FISKALPOLITIK
en_US
dc.subject
Distortionary Taxation
en_US
dc.subject
GENERATIONS + AGE GROUPS (SOCIOLOGY)
en_US
dc.subject
Renewable Resources
en_US
dc.subject
Overlapping Generations
en_US
dc.subject
Intergenerational Transfers
en_US
dc.subject
FISCAL POLICY
en_US
dc.subject
Technological Change
en_US
dc.subject
Sustainability
en_US
dc.subject
GENERATIONEN + ALTERSKLASSEN (SOZIOLOGIE)
en_US
dc.title
Intergenerational transfers, lifetime welfare and resource preservation
en_US
dc.type
Working Paper
dc.rights.license
In Copyright - Non-Commercial Use Permitted
ethz.journal.title
Economics Working Paper Series
ethz.journal.volume
06
en_US
ethz.journal.issue
55
en_US
ethz.size
37 p.
en_US
ethz.code.ddc
DDC - DDC::3 - Social sciences::330 - Economics
en_US
ethz.identifier.nebis
005286662
ethz.publication.place
Zürich
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03635 - Bretschger, Lucas / Bretschger, Lucas
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02045 - Dep. Geistes-, Sozial- u. Staatswiss. / Dep. of Humanities, Social and Pol.Sc.
en_US
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03635 - Bretschger, Lucas / Bretschger, Lucas
ethz.date.deposited
2017-06-09T19:23:14Z
ethz.source
ECOL
ethz.source
ECIT
ethz.identifier.importid
imp59364efa1c52092699
ethz.identifier.importid
imp59366aa541f4983759
ethz.ecolpid
eth:29160
ethz.ecitpid
pub:76070
ethz.eth
yes
en_US
ethz.availability
Open access
en_US
ethz.rosetta.installDate
2017-07-13T03:59:32Z
ethz.rosetta.lastUpdated
2020-02-15T07:23:28Z
ethz.rosetta.versionExported
true
ethz.COinS
ctx_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.atitle=Intergenerational%20transfers,%20lifetime%20welfare%20and%20resource%20preservation&rft.jtitle=Economics%20Working%20Paper%20Series&rft.date=2006-10&rft.volume=06&rft.issue=55&rft.au=Valente,%20Simone&rft.genre=preprint&
 Search print copy at ETH Library

Files in this item

Thumbnail

Publication type

Show simple item record