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Property rights and efficiency in OLG models with endogenous fertility

✍ Scribed by Schoonbroodt, Alice; Tertilt, Michèle


Book ID
121670234
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
481 KB
Volume
150
Category
Article
ISSN
0022-0531

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The Optimal Level of Debt in an OLG Mode
✍ Luca Spataro; Luciano Fanti 📂 Article 📅 2011 🏛 John Wiley and Sons 🌐 English ⚖ 259 KB

## Abstract In the present work we extend Diamond’s OLG model by allowing for endogenous fertility and look at the consequences of such an extension on the rules for optimal public debt issuing. In particular, we show that the condition according to which the rate of growth of population should be