Intergenerational justice of what: Welfare, resources or capabilities?

Equality of What: Welfare, Resources, or Capabilities?'

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Sustainability and Intergenerational Justice

As temporary custodians of the planet, those who are alive at any given time can do a better or worse job of handing it on to their successors. I take that simple thought to animate concerns about what we ought to be doing to preserve conditions that will make life worth living (or indeed liveable at all) in the future, and especially in the time after those currently alive will have died (‘fut...

Three Conceptions of Intergenerational Justice

The Intergenerational Welfare State

demography is a realm of private decisions with public effects. in both highand low-fertility regimes, families make decisions that significantly influence the well-being of others. excessively rapid population growth can threaten economic and ecological viability. Population decline can threaten cultural continuity and fiscal sustainability. as Paul demeny has warned us, there is no invisible ...

Climate Policy and Intergenerational Welfare∗

We use a two-sector OLG model to study the intergenerational effects of a tax designed to conserve a natural resource such as the global atmosphere. The traded asset capitalizes future environmental benefits created by the tax, benefiting the current asset owners, the old generation. Absent a transfer, the tax harms the young generation by decreasing their real wage. Future generations benefit ...