Nonlinear dynamics in an environmental overlapping generations model with technology choice

Luca Gori et al.

Macroeconomic Dynamics2026https://doi.org/10.1017/s1365100525100734article
AJG 2ABDC A
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0.50

What the paper says

This paper introduces an overlapping generations model to explore the interplay between economic growth, the environment, and endogenous technology adoption. Considering an economy with physical capital and publicly funded human capital, the analytical framework extends Prieur and Bréchet (2013, Macroeconomic Dynamics 17, 1135–1157) by incorporating the endogenous technology choice mechanism from Umezuki and Yokoo (2019, Journal of Economic Dynamics & Control 100, 164–175). The analysis focuses on how the choice of capital-intensive technologies impacts environmental dynamics. The model reveals complex equilibrium dynamics, driven by a core trade-off between individuals’ resource allocation on consumption versus environmental protection and firms’ technology decisions.

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https://doi.org/https://doi.org/10.1017/s1365100525100734

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@article{luca2026,
  title        = {{Nonlinear dynamics in an environmental overlapping generations model with technology choice}},
  author       = {Luca Gori et al.},
  journal      = {Macroeconomic Dynamics},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.1017/s1365100525100734},
}

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Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
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R · text relevance †0.50 × 0.4 = 0.20

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