A Theory of Economic Growth: Dynamics and Policy in Overlapping GenerationsThis book provides an in-depth treatment of the overlapping generations model in economics incorporating production. |
From inside the book
Results 1-5 of 85
Page viii
... Example 1.8.2 A Demographic Shock 39 41 42 43 45 45 50 1.8.3 Non - separable Utility Function 1.8.4 Homothetic Preferences 1.8.5 Heterogeneous Agents 1.8.6 Technical Progress 1.8.7 Imperfect Credit Market 51 53 54 56 57 1.8.8 Three ...
... Example 1.8.2 A Demographic Shock 39 41 42 43 45 45 50 1.8.3 Non - separable Utility Function 1.8.4 Homothetic Preferences 1.8.5 Heterogeneous Agents 1.8.6 Technical Progress 1.8.7 Imperfect Credit Market 51 53 54 56 57 1.8.8 Three ...
Page ix
... Example 3.2 Pensions 139 140 3.2.1 Fully Funded System 141 3.2.2 Pay - as - you - go System : Existence of Equilibrium 3.2.3 Pay - as - you - go Systems with Constant Pensions 143 144 3.2.4 Capital Accumulation and Pay - as - you - go ...
... Example 3.2 Pensions 139 140 3.2.1 Fully Funded System 141 3.2.2 Pay - as - you - go System : Existence of Equilibrium 3.2.3 Pay - as - you - go Systems with Constant Pensions 143 144 3.2.4 Capital Accumulation and Pay - as - you - go ...
Page x
... Example 300 5.4.6 Conclusion Technical Appendices A.1 Production Functions A.1.1 Homogeneity A.1.2 Limits of f ( k ) and f ' ( k ) 304 305 305 305 307 A.1.3 The Marginal Productivity of Labor A.1.4 The Limit of Contents.
... Example 300 5.4.6 Conclusion Technical Appendices A.1 Production Functions A.1.1 Homogeneity A.1.2 Limits of f ( k ) and f ' ( k ) 304 305 305 305 307 A.1.3 The Marginal Productivity of Labor A.1.4 The Limit of Contents.
Page xv
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Page 5
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Contents
VI | 1 |
VII | 2 |
VIII | 3 |
IX | 4 |
XI | 6 |
XII | 10 |
XIV | 11 |
XV | 12 |
XCII | 172 |
XCIII | 173 |
XCIV | 174 |
XCV | 175 |
XCVI | 178 |
XCVII | 179 |
XCVIII | 181 |
C | 182 |
XVI | 15 |
XVIII | 16 |
XIX | 19 |
XX | 20 |
XXI | 22 |
XXII | 27 |
XXIII | 29 |
XXIV | 34 |
XXV | 37 |
XXVI | 39 |
XXVII | 41 |
XXVIII | 42 |
XXIX | 43 |
XXX | 45 |
XXXII | 50 |
XXXIII | 51 |
XXXIV | 53 |
XXXV | 54 |
XXXVI | 56 |
XXXVII | 57 |
XXXVIII | 64 |
XXXIX | 66 |
XL | 70 |
XLI | 72 |
XLII | 73 |
XLIII | 74 |
XLIV | 77 |
XLV | 80 |
XLVI | 82 |
XLVIII | 86 |
XLIX | 90 |
L | 91 |
LI | 92 |
LII | 95 |
LIII | 99 |
LIV | 101 |
LV | 102 |
LVI | 106 |
LVIII | 108 |
LIX | 112 |
LXI | 114 |
LXII | 115 |
LXIII | 116 |
LXV | 117 |
LXVI | 118 |
LXVII | 120 |
LXVIII | 121 |
LXIX | 122 |
LXX | 124 |
LXXI | 127 |
LXXII | 129 |
LXXIII | 136 |
LXXIV | 138 |
LXXV | 139 |
LXXVI | 140 |
LXXVII | 141 |
LXXVIII | 143 |
LXXIX | 144 |
LXXX | 150 |
LXXXI | 152 |
LXXXII | 155 |
LXXXIV | 158 |
LXXXV | 159 |
LXXXVI | 161 |
LXXXVIII | 162 |
LXXXIX | 165 |
XC | 167 |
XCI | 171 |
CI | 183 |
CII | 184 |
CIII | 186 |
CIV | 190 |
CV | 192 |
CVI | 193 |
CVII | 195 |
CVIII | 198 |
CIX | 203 |
CX | 208 |
CXI | 211 |
CXII | 216 |
CXIV | 219 |
CXV | 223 |
CXVI | 226 |
CXVII | 230 |
CXIX | 233 |
CXX | 236 |
CXXI | 238 |
CXXII | 239 |
CXXIV | 246 |
CXXV | 248 |
CXXVI | 252 |
CXXVII | 256 |
CXXVIII | 257 |
CXXIX | 259 |
CXXX | 269 |
CXXXI | 274 |
CXXXII | 280 |
CXXXIII | 281 |
CXXXIV | 286 |
CXXXV | 289 |
CXXXVI | 290 |
CXXXVII | 291 |
CXXXVIII | 292 |
CXXXIX | 294 |
CXL | 295 |
CXLI | 297 |
CXLII | 300 |
CXLIII | 304 |
CXLIV | 305 |
CXLVI | 307 |
CXLVII | 308 |
CXLVIII | 309 |
CXLIX | 310 |
CL | 311 |
CLI | 312 |
CLII | 314 |
CLIV | 315 |
CLV | 316 |
CLVI | 320 |
CLVII | 322 |
CLVIII | 326 |
CLIX | 335 |
CLX | 338 |
CLXII | 340 |
CLXIII | 341 |
CLXIV | 343 |
CLXV | 344 |
CLXVI | 345 |
CLXVII | 347 |
CLXVIII | 349 |
CLXIX | 353 |
CLXX | 355 |
369 | |
373 | |
Common terms and phrases
a₁ agents allocation altruism analyze Arrow-Debreu assume assumption b₁ Bellman equation bequests budget constraint c₁ capital accumulation catching point characterized Cobb-Douglas constant consumption converges corner steady d₁+1 debt decreasing defined Definition di+1 distribution dynamics eigenvalues equation equilibrium with perfect example exists F(K₁ factor feasible trajectory Figure finite first-order given golden rule h₁ Hence holds human capital implies increasing infinite initial capital stock initial condition inter-temporal equilibrium k₁ K₁+1 labor life-cycle income limit logarithmic utility modified golden rule monotonic negative obtain optimal path over-accumulation overlapping generations model parameter pensions perfect foresight period planner positive steady problem production function proposition public spending R₁ R₁+1 S₁ saddle point savings sequence stable stock of capital temporary equilibrium transversality condition under-accumulation unique utility function value function variables verifies w₁ wage Welfare Theorem x₁ zero