We propose an adaptation of Hartwick's investment rule to models with population growth and show that following Hartwick's rule is equivalent to a time-invariant real per capita net national product. In the so-called DHSS model of capital accumulation and resource depletion the proposed...

Der Generationenmonitor ist ein Modell, das auf der Methodik von Generationenkontenmodellen basiert. Es dient dazu, langfristige Auswirkungen der Gesetzgebung und der politischen Rahmenbedingungen zu analysieren und dadurch gegebenenfalls Handlungsbedarf abzuleiten. Da-bei werden zum einen...

Gross domestic product (GDP) and household income measures provide invaluable metrics of economic activity in an economy, but they tell us little about the sustainability of the economic trends. National wealth accounting can be utilised to determine the size of the underlying productive base,...