Hendrik P. van Dalen

Economic Policy in a Demographically Divided World

• Broschiertes Buch

Produktbeschreibung

Economic Policy in a Demographically Divided World containsthe economic analysis of the consequences of demographicchange and the diverging population developments in aninterdependent world economy in particular. The globaldivergence in demographic developments gives rise to amyriadof economic and ethical problems. This topic istreated with the help of themathematical apparatus ofneoclassical optimal growth models. The author tries todisentangle the basic policy issues of a demographicallydivided world, such as a selective immigration policy,sustainable patterns of international lending and borrowing,development aid, and dynamic optimal taxation.The most important feature of the book is that it bringstogether information and theories of fairly recent date toanalyse a practical policy problem, viz. issues related to aworld economy that is characterised by a demographicdivision. This stylised fact is hardly given some attentionin current economic theory and the book contains withrespect to this stylised fact some new results.Customers might benefit from the book by gaining intuitionconcerning principles of economic policy in a worldcharacterised by demographic change.

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Produktdetails

• Population Economics
• Verlag: Springer, Berlin
• Softcover reprint of the original 1st ed. 1992
• Seitenzahl: 376
• Erscheinungstermin: 8. Dezember 2011
• Englisch
• Abmessung: 242mm x 170mm x 21mm
• Gewicht: 643g
• ISBN-13: 9783642770395
• ISBN-10: 3642770398
• Artikelnr.: 36117321

Inhaltsangabe

1. Introduction.- 1.1 Stylised facts.- 1.2 Methodology.- 1.3 Research questions and outline.- 2. Elements of a Theory.- 2.1 Maximum principle of choice.- 2.2 Social welfare and individual choice.- 2.3 The theory of optimal economic growth.- 2.4 Summary.- Appendix 2A: Comparative statics for the one-sector growth model.- 3. Optimal Economic Growth in a Demographically Divided World.- 3.1 The two-region model.- 3.2 Comparative statics.- 3.3 Development aid in a demographically divided world.- 3.4 Summary.- 4. International Debt in a Demographically Divided World.- 4.1 A two-country world model.- 4.2 Demographic shocks and optimal capital flows.- 4.3 Endogenous time preference.- 4.4 Summary.- Appendix 4A: Comparative statics for the model with endogenous time preference formation.- 5. International Migration, Economic Policy and Human Capital Accumulation.- 5.1 Human capital accumulation in autarky.- 5.2 Comparative statics in autarky.- 5.3 International migration and economic policy.- 5.4 A brain drain in the 'real' world.- 5.5 Summary.- Appendix 5A: Comparative statics for the model of human capital accumulation.- 6. On the Relevance of the Ricardian Theory of PublicFinance to Conditions of Demographic Change.- 6.1 The immortal consumer model.- 6.2 The breakdown of the immortal consumer.- 6.3 Lessons in Ricardian public finance.- 6.4 Summary.- 7. Dynamic Optimal Taxation and Endogenous Public Spending.- 7.1 Should a government smooth tax rates?.- 7.2 A simple model of the representative family.- 7.3 Dynamic fiscal policy.- 7.4 Fiscal policy in an interdependent world economy.- 7.5 Summary.- 8. Economic Policy in a Demographically Divided World.- 8.1 Economic policy in a demographically divided world.- 8.2 Qualifications and possible extensions.- 8.3 Caveat Emptor.-References.- Author Index.