This book provides an in-depth treatment of the overlapping generations model in economics incorporating production.Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Introduction Acknowledgements Part I. Competitive Equilibria: 1. The model 2. Main assumptions 3. The behavior of the agents at period t 4. The temporary equilibrium 5. The inter-temporal equilibrium with perfect foresight 6. Capital dynamics at a rational inter-temporal equilibrium 7. Comparison of myopic and perfect foresight 8. Applications and extensions 9. Conclusion Part II. Optimality: 10. Optimality of stationary paths 11. Optimality of the dynamics 12. The planning problem 13. Marginal analysis of optimal solutions 14. Unbounded optimal growth 15. Applications and extensions 16. Conclusion Part III. Policy: 17. Lump-sum transfers and the second welfare theorem 18. Pensions 19. Public spending 20. Study of the second-best problem 21. Applications and extensions 22. Conclusion Part IV. Debt: 23. Diamond's model with debt 24. The inter-temporal budget constraint of the government 25. Constant deficit policies 26. Constant debt policies 27. Applications and extensions 28. Conclusion Part V. Further Issues: 29. Dynastic altruism 30. Human capital and education 31. Inter-generational externalities 32. Macro-economics and general equilibrium Technical appendices List of definitions List of propositions List of assumptions Bibliography Author index Subject index.
Introduction Acknowledgements Part I. Competitive Equilibria: 1. The model 2. Main assumptions 3. The behavior of the agents at period t 4. The temporary equilibrium 5. The inter-temporal equilibrium with perfect foresight 6. Capital dynamics at a rational inter-temporal equilibrium 7. Comparison of myopic and perfect foresight 8. Applications and extensions 9. Conclusion Part II. Optimality: 10. Optimality of stationary paths 11. Optimality of the dynamics 12. The planning problem 13. Marginal analysis of optimal solutions 14. Unbounded optimal growth 15. Applications and extensions 16. Conclusion Part III. Policy: 17. Lump-sum transfers and the second welfare theorem 18. Pensions 19. Public spending 20. Study of the second-best problem 21. Applications and extensions 22. Conclusion Part IV. Debt: 23. Diamond's model with debt 24. The inter-temporal budget constraint of the government 25. Constant deficit policies 26. Constant debt policies 27. Applications and extensions 28. Conclusion Part V. Further Issues: 29. Dynastic altruism 30. Human capital and education 31. Inter-generational externalities 32. Macro-economics and general equilibrium Technical appendices List of definitions List of propositions List of assumptions Bibliography Author index Subject index.
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