Heer, Burkhard; Trede, Mark - In: Jahrbücher für Nationalökonomie und Statistik 220 (2000) 1, pp. 32-47
Summary We compare projection methods with the standard value function grid algorithm in order to solve overlapping generations models. We apply the methods to a particular 60-period OLG model with elastic labor supply in order to study the effects of unfunded public pensions on aggregate...