Demographic structure and overlapping generations: A simpler proof with more general conditions
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Barro, Robert J & Mankiw, N Gregory & Sala-i-Martin, Xavier, 1995.
"Capital Mobility in Neoclassical Models of Growth,"
American Economic Review, American Economic Association, vol. 85(1), pages 103-115, March.
- Barro, R.J. & Mankiw, N.G. & Sala-i-Martin, X., 1992. "Capital Mobility in Neoclassical Models of Growth," Papers 655, Yale - Economic Growth Center.
- Barro, R. & Mankiw, G., 1992. "Capital Mobility in Neoclassical Models of Growth," Harvard Institute of Economic Research Working Papers 1615, Harvard - Institute of Economic Research.
- Robert J. Barro & N. Gregory Mankiw & Xavier Sala-i-Martin, 1994. "Capital mobility in Neoclassical models of growth," Economics Working Papers 82, Department of Economics and Business, Universitat Pompeu Fabra.
- Robert J. Barro & N. Gregory Mankiw & Xavier Sala-i-Martin, 1992. "Capital Mobility in Neoclassical Models of Growth," NBER Working Papers 4206, National Bureau of Economic Research, Inc.
- Barro, Robert J. & Mankiw, N Gregory & Sala-i-Martin, Xavier, 1994. "Capital Mobility in Neoclassical Models of Growth," CEPR Discussion Papers 1019, C.E.P.R. Discussion Papers.
- Gale, David, 1973. "Pure exchange equilibrium of dynamic economic models," Journal of Economic Theory, Elsevier, vol. 6(1), pages 12-36, February.
- d'Albis, Hippolyte, 2007.
"Demographic structure and capital accumulation,"
Journal of Economic Theory, Elsevier, vol. 132(1), pages 411-434, January.
- Hippolyte d'Albis, 2007. "Demographic structure and capital accumulation," Post-Print hal-00630200, HAL.
- Antoine Bommier & Ronald D. Lee, 2003. "Overlapping generations models with realistic demography," Journal of Population Economics, Springer;European Society for Population Economics, vol. 16(1), pages 135-160, February.
- Weil, Philippe, 1989.
"Overlapping families of infinitely-lived agents,"
Journal of Public Economics, Elsevier, vol. 38(2), pages 183-198, March.
- Philippe Weil, 1989. "Overlapping Families of Infinitely-Lived Agents," SciencePo Working papers Main hal-03393291, HAL.
- Philippe Weil, 1989. "Overlapping Families of Infinitely-Lived Agents," Post-Print hal-03393291, HAL.
- Lau, Sau-Him Paul, 2009. "Demographic structure and capital accumulation: A quantitative assessment," Journal of Economic Dynamics and Control, Elsevier, vol. 33(3), pages 554-567, March.
- Andrew B. Abel, 2003.
"The Effects of a Baby Boom on Stock Prices and Capital Accumulation in the Presence of Social Security,"
Econometrica, Econometric Society, vol. 71(2), pages 551-578, March.
- Andrew B. Abel, 2002. "The effects of a baby boom on stock prices and capital accumulation in the presence of Social Security," Working Papers 03-2, Federal Reserve Bank of Philadelphia.
- Andrew B. Abel, 2002. "The Effects of a Baby Boom on Stock Prices and Capital Accumulation in the Presence of Social Security," NBER Working Papers 9210, National Bureau of Economic Research, Inc.
- Menahem E. Yaari, 1965. "Uncertain Lifetime, Life Insurance, and the Theory of the Consumer," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 32(2), pages 137-150.
- Blanchard, Olivier J, 1985.
"Debt, Deficits, and Finite Horizons,"
Journal of Political Economy, University of Chicago Press, vol. 93(2), pages 223-247, April.
- Olivier J. Blanchard, 1984. "Debt, Deficits and Finite Horizons," NBER Working Papers 1389, National Bureau of Economic Research, Inc.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Maik T. Schneider & Christian Traeger & Ralph Winkler, 2010.
"Trading Off Generations: Infinitely-Lived Agent Versus OLG,"
Diskussionsschriften
dp1007, Universitaet Bern, Departement Volkswirtschaft.
- Maik T. Schneider & Christian Traeger & Ralph Winkler, 2012. "Trading Off Generations: Infinitely Lived Agent Versus OLG," CESifo Working Paper Series 3743, CESifo.
- Maik T. Schneider & Christian Traeger & Ralph Winkler, 2010. "Trading Off Generations: Infinitely-Lived Agent Versus OLG," CER-ETH Economics working paper series 10/128, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Schneider, Maik T. & Traeger, Christian P. & Winkler, Ralph, 2012. "Trading Off Generations: Infinitely Lived Agent Versus OLG," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt1b58j8m6, Department of Agricultural & Resource Economics, UC Berkeley.
- Lau, Sau-Him Paul, 2014. "Fertility and mortality changes in an overlapping-generations model with realistic demography," Economic Modelling, Elsevier, vol. 38(C), pages 512-521.
- Bruce, Neil & Turnovsky, Stephen J., 2013. "Social security, growth, and welfare in overlapping generations economies with or without annuities," Journal of Public Economics, Elsevier, vol. 101(C), pages 12-24.
- Jochen Mierau & Stephen Turnovsky, 2014. "Capital accumulation and the sources of demographic change," Journal of Population Economics, Springer;European Society for Population Economics, vol. 27(3), pages 857-894, July.
- Turnovsky, Stephen J., 2011. "On the role of small models in macrodynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 35(9), pages 1605-1613, September.
- Alessandro Piergallini, 2020.
"Demographic change and real house prices: a general equilibrium perspective,"
Journal of Economics, Springer, vol. 130(1), pages 85-102, June.
- Piergallini, Alessandro, 2019. "Demographic Change and Real House Prices: A General Equilibrium Perspective," MPRA Paper 112073, University Library of Munich, Germany.
- Jean-François Mertens & Anna Rubinchik, 2013.
"Equilibria in an overlapping generations model with transfer policies and exogenous growth,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 54(3), pages 537-595, November.
- Mertens, Jean-Francois & Rubinchik, Anna, "undated". "Equilibria in an overlapping generations model with transfer policies and exogenous growth," Working Papers WP2012/5, University of Haifa, Department of Economics.
- MERTENS, Jean-François & RUBINCHIK, Anna, 2012. "Equilibria in an overlapping generations model with transfer policies and exogenous growth," LIDAM Discussion Papers CORE 2012032, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Schneider, Maik T. & Traeger, Christian P. & Winkler, Ralph, 2012. "Trading off generations: Equity, discounting, and climate change," European Economic Review, Elsevier, vol. 56(8), pages 1621-1644.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Augeraud-Véron, Emmanuelle & D'Albis, Hippolyte, 2009.
"Continuous-Time Overlapping Generations Models,"
TSE Working Papers
09-047, Toulouse School of Economics (TSE).
- Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2011. "Continuous-Time Overlapping Generations Models," Post-Print hal-00424799, HAL.
- D'ALBIS Hippolyte & AUGERAUD-VÉRON Emmanuelle, 2009. "Continuous-Time Overlapping Generations Models," LERNA Working Papers 09.15.291, LERNA, University of Toulouse.
- Lau, Sau-Him Paul, 2014. "Fertility and mortality changes in an overlapping-generations model with realistic demography," Economic Modelling, Elsevier, vol. 38(C), pages 512-521.
- d'Albis, Hippolyte, 2007.
"Demographic structure and capital accumulation,"
Journal of Economic Theory, Elsevier, vol. 132(1), pages 411-434, January.
- Hippolyte d'Albis, 2007. "Demographic structure and capital accumulation," Post-Print hal-00630200, HAL.
- Jochen Mierau & Stephen Turnovsky, 2014. "Capital accumulation and the sources of demographic change," Journal of Population Economics, Springer;European Society for Population Economics, vol. 27(3), pages 857-894, July.
- Bruce, Neil & Turnovsky, Stephen J., 2013. "Social security, growth, and welfare in overlapping generations economies with or without annuities," Journal of Public Economics, Elsevier, vol. 101(C), pages 12-24.
- Jochen Mierau & Stephen Turnovsky, 2014. "Demography, growth, and inequality," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 55(1), pages 29-68, January.
- Lau, Sau-Him Paul, 2009. "Demographic structure and capital accumulation: A quantitative assessment," Journal of Economic Dynamics and Control, Elsevier, vol. 33(3), pages 554-567, March.
- Brito, Paulo & Dilão, Rui, 2010.
"Equilibrium price dynamics in an overlapping-generations exchange economy,"
Journal of Mathematical Economics, Elsevier, vol. 46(3), pages 343-355, May.
- Brito, Paulo & Dilao, Rui, 2006. "Equilibrium price dynamics in an overlapping-generations exchange economy," MPRA Paper 699, University Library of Munich, Germany.
- Paulo Brito & Rui Dilao, 2006. "Equilibrium price dynamics in an overlapping-generations exchange economy," Working Papers Department of Economics 2006/27, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
- David Oxborrow & Stephen J. Turnovsky, 2017. "Closing the Small Open Economy Model: A Demographic Approach," Review of International Economics, Wiley Blackwell, vol. 25(1), pages 44-75, February.
- Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2013.
"Frequency of trade and the determinacy of equilibrium in economies of overlapping generations,"
International Journal of Economic Theory, The International Society for Economic Theory, vol. 9(1), pages 85-100, March.
- Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2012. "Frequency of trade and the determinacy of equilibrium in economies of overlapping generations," Documents de travail du Centre d'Economie de la Sorbonne 12042, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2013. "Frequency of trade and the determinacy of equilibrium in economies of overlapping generations," Post-Print hal-00759208, HAL.
- Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2012. "Frequency of trade and the deterrminacy of equilibrium in economies of overlapping generations," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00717158, HAL.
- d'Albis, Hippolyte & Augeraud-Véron, Emmanuelle, 2012. "Frequency of trade and the determinacy of equilibrium in economies of overlapping generations," MPRA Paper 45426, University Library of Munich, Germany.
- Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2012. "Frequency of trade and the deterrminacy of equilibrium in economies of overlapping generations," Post-Print halshs-00717158, HAL.
- Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2013. "Frequency of trade and the determinacy of equilibrium in economies of overlapping generations," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00759208, HAL.
- Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2013. "Frequency of trade and the determinacy of equilibrium in economies of overlapping generations," PSE-Ecole d'économie de Paris (Postprint) hal-00759208, HAL.
- Hippolyte d’Albis, 2003.
"La croissance démographique dans les modèles à générations imbriquées,"
Revue économique, Presses de Sciences-Po, vol. 54(3), pages 573-582.
- Hippolyte d'Albis, 2003. "La croissance démographique dans les modèles à générations imbriquées," Post-Print hal-00630245, HAL.
- Hippolyte d'Albis, 2003. "La croissance démographique dans les modèles à générations imbriquées," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00630245, HAL.
- Miguel Sánchez-Romero, 2013.
"The role of demography on per capita output growth and saving rates,"
Journal of Population Economics, Springer;European Society for Population Economics, vol. 26(4), pages 1347-1377, October.
- Miguel Sánchez Romero, 2011. "The role of demography on per capita output growth and saving rates," MPIDR Working Papers WP-2011-015, Max Planck Institute for Demographic Research, Rostock, Germany.
- Matthias Birkner & Niklas Scheuer & Klaus Wälde, 2023.
"The dynamics of Pareto distributed wealth in a small open economy,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(2), pages 607-644, August.
- Matthias Birkner & Niklas Scheuer & Klaus Wälde, 2021. "The Dynamics of Pareto Distributed Wealth in a Small Open Economy," CESifo Working Paper Series 9058, CESifo.
- Birkner, Matthias & Scheuer, Niklas & Wälde, Klaus, 2022. "The Dynamics of Pareto Distributed Wealth in a Small Open Economy," VfS Annual Conference 2022 (Basel): Big Data in Economics 264080, Verein für Socialpolitik / German Economic Association.
- Miguel Sánchez-Romero & Concepció Patxot & Elisenda Rentería & Guadalupe Souto, 2013. "On the effects of public and private transfers on capital accumulation: some lessons from the NTA aggregates," Journal of Population Economics, Springer;European Society for Population Economics, vol. 26(4), pages 1409-1430, October.
- Brito, Paulo, 2014. "Interest rates and endogenous population growth: joint age-dependent dynamics," MPRA Paper 58656, University Library of Munich, Germany.
- Alessandro Piergallini, 2020.
"Demographic change and real house prices: a general equilibrium perspective,"
Journal of Economics, Springer, vol. 130(1), pages 85-102, June.
- Piergallini, Alessandro, 2019. "Demographic Change and Real House Prices: A General Equilibrium Perspective," MPRA Paper 112073, University Library of Munich, Germany.
- Turnovsky, Stephen J., 2011. "On the role of small models in macrodynamics," Journal of Economic Dynamics and Control, Elsevier, vol. 35(9), pages 1605-1613, September.
- Orlando Gomes, 2022. "Human capital and growth in an OLG-life cycle model," SN Business & Economics, Springer, vol. 2(1), pages 1-26, January.
- Brito Paulo & Marini Giancarlo & Piergallini Alessandro, 2016.
"House prices and monetary policy,"
Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 20(3), pages 251-277, June.
- Paulo Brito & Giancarlo Marini & Alessandro Piergallini, 2012. "House Prices and Monetary Policy," CEIS Research Paper 250, Tor Vergata University, CEIS, revised 01 Aug 2012.
- Brito, Paulo & Marini, Giancarlo & Piergallini, Alessandro, 2016. "House Prices and Monetary Policy," MPRA Paper 89577, University Library of Munich, Germany.
- Elmendorf, Douglas W. & Gregory Mankiw, N., 1999.
"Government debt,"
Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 25, pages 1615-1669,
Elsevier.
- Douglas W. Elmendorf & N. Gregory Mankiw, 1998. "Government Debt," Harvard Institute of Economic Research Working Papers 1820, Harvard - Institute of Economic Research.
- Douglas W. Elmendorf & N. Gregory Mankiw, 1998. "Government Debt," NBER Working Papers 6470, National Bureau of Economic Research, Inc.
- Elmendorf, Douglas W. & Mankiw, N, 1999. "Government Debt," Scholarly Articles 2643866, Harvard University Department of Economics.
- Douglas W. Elmendorf & N. Gregory Mankiw, 1998. "Government debt," Finance and Economics Discussion Series 1998-09, Board of Governors of the Federal Reserve System (U.S.).
More about this item
Keywords
Overlapping-generations model Age-specific mortality Steady-state equilibrium Mean age function;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:mateco:v:46:y:2010:i:3:p:311-319. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jmateco .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.