[fre] Dans ce papier, on développe un modèle de croissance endogène avec agents myopes. On suppose, comme Feldstein (1985), que les taux d'actualisation de l'utilité et du revenu futur des agents sont multipliés par un facteur de myopie identique et distribué uniformément sur [ 0 1]. Dans...

This paper considers a three-overlapping-generations model of endogenous growth wherein human capital is the engine of growth. It first contrasts the laissez-faire and the optimal solutions. Three possible accumulation regimes are distinguished. Then it discusses a standard set of tax-transfer...

In a number of developing countries, an important part of the economy is informal both in terms of production and of social protection. In this paper we consider introducing a universal pension system in the formal sector. It is shown to have two main effects: first, it makes the formal sector...

This paper considers a three-overlapping-generations model of endogeneous growth wherein human capital is the engine of growth. It first contrasts the laissez-faire and the optimality solutions. Then it discusses alternative sets of tax-transfer instruments that allow for decentralization of the...