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Sustainability of public debt and inequality in a general equilibrium model

Maebayashi, Noritaka; Konishi, Kunihiko - In: Macroeconomic dynamics 25 (2021) 4, pp. 874-895

Persistent link: https://www.econbiz.de/10012523202

Fiscal consolidation and climate policy : an overlapping generations perspective ; conference paper

Rausch, Sebastian - 2013 - This version: March 1, 2013, very preliminary

We examine the distributional and efficiency impacts of climate policy in the context of fiscal consolidation in a dynamic general-equilibrium overlapping generations model of the US economy. The model includes a disaggregated production structure, including energy sector detail and advanced...

Persistent link: https://www.econbiz.de/10010337844

Why aging induces deflation and secular stagnation

Braun, R. Anton; Ikeda, Daisuke - 2022

We provide a quantitative theory of deflation and secular stagnation. In our lifecycle framework, an aging population … puts persistent downward pressure on the price level, real interest rates, and output. A novel feature of our theory is …

Persistent link: https://www.econbiz.de/10013382196

The long-run effects of fiscal rebalancing in a heterogeneous-agent model

Cahn, Christophe; Fève, Patrick; Matheron, Julien - 2024

Persistent link: https://www.econbiz.de/10014636126

Low safe interest rates : a case for dynamic inefficiency?

Bloise, Gaetano; Reichlin, Pietro - In: Review of economic dynamics 51 (2023), pp. 633-656

Persistent link: https://www.econbiz.de/10014471966

Perpetual youth and endogenous labor supply : a problem and a possible solution

Ascari, Guido; Rankin, Neil - In: Journal of macroeconomics 29 (2007) 4, pp. 708-723

Persistent link: https://www.econbiz.de/10003586687

Perpetual youth and endogenous labour supply : a problem and a possible solution

Ascari, Guido (contributor); Rankin, Neil (contributor) - 2004 - This version: December 2003

In the "perpetual youth" overlapping-generations model of Blanchard and Yaari, if leisure is a "normal" good then some agents will have negative labour supply. We suggest a solution to this problem by using a modified version of Greenwood, Hercowitz and Huffman's utility function. The...

Persistent link: https://www.econbiz.de/10002420833

On the interest rate, stability and dynamic efficiency in popular continuous-time OLG models

Nielsen, Søren Bo - 1992

Persistent link: https://www.econbiz.de/10000849884

Perpetual Youth and Endogenous Labour Supply : A Problem and a Possible Solution

Ascari, Guido; Rankin, Neil - 2021

Persistent link: https://www.econbiz.de/10013319347

Fiscal policy under secular stagnation : an optimal pump priming strategy

Michau, Jean-Baptiste - 2020

Persistent link: https://www.econbiz.de/10012286446