Testing genuine savings as a forward-looking indicator of future well-being over the (very) long-run
نویسندگان
چکیده
منابع مشابه
6. A critical appraisal of genuine savings as an indicator of sustainability
Chapters 3, 4 and 5 have introduced the tradition of green national accounting that has now become well established. The basic principles of this tradition are commonly understood by most practitioners to involve accounting for the consumption and accumulation of produced, human and natural capital, assuming the different capital stocks are infinitely substitutable (weak sustainability). One pa...
متن کاملGenuine Savings as an Indicator for “Weak” Sustainability: Critical Survey and Possible Ways forward in Practical Measuring
Published by the World Bank (as “Adjusted Net Savings”) for around 160 countries, Genuine Savings (GS) presents the most respected but also the most debated indicator for “weak” sustainability. It originates from the so-called “Hartwick rule” for the re-investment of rents from the depletion of natural in reproducible forms of capital. Coming from the theoretical reasoning behind GS, this paper...
متن کاملInequality and Vertical Mobility over the very long run
The recent increase in inequality in the U.S. and other developed countries has stimulated debate among economists. This debate is best exemplified by Thomas Piketty’s Capital in the twenty-first century and his critics. Taking aside the predictions for the future and the role that capital gains play in this debate, a deeper question is: what is a “normal” level of inequality in historical term...
متن کاملInequality and Vertical Mobility over the very long run
The recent increase in inequality in the U.S. and other developed countries has stimulated debate among economists. This debate is best exemplified by Thomas Piketty’s Capital in the twenty-first century and his critics. Taking aside the predictions for the future and the role that capital gains play in this debate, a deeper question is: what is a “normal” level of inequality in historical term...
متن کاملInequality and Vertical Mobility over the very long run
The recent increase in inequality in the U.S. and other developed countries has stimulated debate among economists. This debate is best exemplified by Thomas Piketty’s Capital in the twenty-first century and his critics. Taking aside the predictions for the future and the role that capital gains play in this debate, a deeper question is: what is a “normal” level of inequality in historical term...
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ژورنال
عنوان ژورنال: Journal of Environmental Economics and Management
سال: 2014
ISSN: 0095-0696
DOI: 10.1016/j.jeem.2013.12.001