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The environment, life expectancy, and growth in overlapping generations models: A survey

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  • Anna Dugan
  • Alexia Prskawetz
  • Natacha Raffin

Abstract

It is widely accepted that environmental and demographic changes will significantly influence the future of our society. In recent years, an increasing number of studies has analyzed the interlinkages among economic growth, environmental factors, and a specific demographic variable, namely life expectancy, applying an overlapping generations framework. The aim of this survey is threefold. First, we review the role of life expectancy and pollution for sustainable growth. Second, we discuss the role of intervening factors like health investment and technological progress as well as institutional settings including government expenditures, tax structures, and inequality. Finally, we summarize policy implications obtained in different models and compare them to each other.

Suggested Citation

  • Anna Dugan & Alexia Prskawetz & Natacha Raffin, 2024. "The environment, life expectancy, and growth in overlapping generations models: A survey," Journal of Economic Surveys, Wiley Blackwell, vol. 38(5), pages 1593-1621, December.
    • Handle: RePEc:bla:jecsur:v:38:y:2024:i:5:p:1593-1621
    DOI: 10.1111/joes.12602
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