Economic growth, equilibrium welfare, and public goods provision with intergenerational altruism
Sign Up to like & getrecommendations! Published in 2021 at "European Journal of Political Economy"
DOI: 10.1016/j.ejpoleco.2021.102068
Abstract: Abstract This study examines the government policy of public goods provision and its effects on economic growth and welfare under intergenerational altruism. The study considers an endogenous growth model with altruistic overlapping generations. The preferences… read more here.
Keywords: goods provision; growth; public goods; future bias ... See more keywords
Freedom of choice adds value to public goods
Sign Up to like & getrecommendations! Published in 2020 at "Proceedings of the National Academy of Sciences of the United States of America"
DOI: 10.1073/pnas.1921806117
Abstract: Significance Public goods, from tangible properties to intangible services, benefit all. They are produced or maintained through widespread participation in public goods provision. Low participation rates are therefore a looming threat that has motivated countless… read more here.
Keywords: participation; public goods; social networks; goods provision ... See more keywords