Lecture notes in economics and mathematical systems, 443.
یادداشتهای مربوط به مندرجات
متن يادداشت
Dynamic Efficiency in a Generalized Diamond-Type Overlapping Generations Model --; Asset Bubbles, Pay-as-you-go Systems and Dynamic Efficiency --; Just Resource Sharing Among Generations: Equity, Efficiency and Optimal Population --; Anticipation and the Time-Consistency of Fiscal Policy.
یادداشتهای مربوط به خلاصه یا چکیده
متن يادداشت
This book examines several unsolved problems in OLG models with productive capital. It extends the well-known Diamond analysis to a model with variable population growth and characterizes dynamically efficient allocations. Then the design of pay-as-you-go pension schemes and government debt to achieve a Pareto-improvement of inefficient growth paths are investigated. Departing from pure efficiency aspects, the book turns to questions of intergenerational fairness and optimal population growth. Finally, introducing a polito-economic model of transfers between generations, conflicting preferences between an infinite sequence of governments are solved for a Markov-perfect equilibrium, providing some important insights into mechanisms of growth and the nature of capital income taxation.
موضوع (اسم عام یاعبارت اسمی عام)
موضوع مستند نشده
Capital -- Mathematical models.
موضوع مستند نشده
Equilibrium (Economics) -- Mathematical models.
موضوع مستند نشده
Macroeconomics -- Mathematical models.
رده بندی کنگره
شماره رده
HB145
نشانه اثر
.
G868
1996
نام شخص به منزله سر شناسه - (مسئولیت معنوی درجه اول )