On Overlapping Generations Models with Productive Capital:
This book was born out of a five-years research at Sonderforschungsbe reich 303 by the Deutsche Forschungsgemeinschaft (DFG) at Rheinische Friedrich-Wilhelms-Universitiit Bonn and was approved as my doctoral thesis by the Rechts-und Staatswissenschaftliche Fakultiit in December 1994. It was my form...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Berlin, Heidelberg
Springer Berlin Heidelberg
1996
|
| Edition: | 1st ed. 1996 |
| Series: | Lecture Notes in Economics and Mathematical Systems
443 |
| Subjects: | |
| Online Access: | BTU01 Volltext |
| Summary: | This book was born out of a five-years research at Sonderforschungsbe reich 303 by the Deutsche Forschungsgemeinschaft (DFG) at Rheinische Friedrich-Wilhelms-Universitiit Bonn and was approved as my doctoral thesis by the Rechts-und Staatswissenschaftliche Fakultiit in December 1994. It was my former colleague Wolfgang Peters who had drawn my atten tion to overlapping-generations models and to problems of intergenerational efficiency and distribution. The subtle connection between the latter two has been fascinating me from the very beginning: redistribution of the results of free trade can become necessary from the point of view of efficiency, although no externalities hamper the development of an economy. In spite of being a matured part of economics, neoclassical growth theory had left many questions unsolved, some of them even unrecognized by a large part of our profession. I took up the challenge to contribute to the investigation of some of these thorny problems. One of these issues is the often quoted idea of the inter generational con tract. Although intergenerational transfers can improve intertemporal effi ciency, the design of pension schemes to achieve an improvement of well-being of some generations without hurting that of any other, is not an easy task in an economy with flexible prices. Quite frequently, only interest rate and growth rate are taken into account when deciding on whether a generation wins or looses |
| Physical Description: | 1 Online-Ressource (X, 98 p) |
| ISBN: | 9783642481529 |
| DOI: | 10.1007/978-3-642-48152-9 |
Staff View
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| spelling | Lang, Günther Verfasser aut On Overlapping Generations Models with Productive Capital by Günther Lang 1st ed. 1996 Berlin, Heidelberg Springer Berlin Heidelberg 1996 1 Online-Ressource (X, 98 p) txt rdacontent c rdamedia cr rdacarrier Lecture Notes in Economics and Mathematical Systems 443 This book was born out of a five-years research at Sonderforschungsbe reich 303 by the Deutsche Forschungsgemeinschaft (DFG) at Rheinische Friedrich-Wilhelms-Universitiit Bonn and was approved as my doctoral thesis by the Rechts-und Staatswissenschaftliche Fakultiit in December 1994. It was my former colleague Wolfgang Peters who had drawn my atten tion to overlapping-generations models and to problems of intergenerational efficiency and distribution. The subtle connection between the latter two has been fascinating me from the very beginning: redistribution of the results of free trade can become necessary from the point of view of efficiency, although no externalities hamper the development of an economy. In spite of being a matured part of economics, neoclassical growth theory had left many questions unsolved, some of them even unrecognized by a large part of our profession. I took up the challenge to contribute to the investigation of some of these thorny problems. One of these issues is the often quoted idea of the inter generational con tract. Although intergenerational transfers can improve intertemporal effi ciency, the design of pension schemes to achieve an improvement of well-being of some generations without hurting that of any other, is not an easy task in an economy with flexible prices. Quite frequently, only interest rate and growth rate are taken into account when deciding on whether a generation wins or looses Economics, general Economics Management science Kapitalbildung (DE-588)4029565-5 gnd rswk-swf Wachstumsmodell (DE-588)4127141-5 gnd rswk-swf Mehrgenerationenmodell (DE-588)4215762-6 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Kapitalbildung (DE-588)4029565-5 s Wachstumsmodell (DE-588)4127141-5 s Mehrgenerationenmodell (DE-588)4215762-6 s DE-604 Erscheint auch als Druck-Ausgabe 9783540616030 Erscheint auch als Druck-Ausgabe 9783642481536 https://doi.org/10.1007/978-3-642-48152-9 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Lang, Günther On Overlapping Generations Models with Productive Capital Economics, general Economics Management science Kapitalbildung (DE-588)4029565-5 gnd Wachstumsmodell (DE-588)4127141-5 gnd Mehrgenerationenmodell (DE-588)4215762-6 gnd |
| subject_GND | (DE-588)4029565-5 (DE-588)4127141-5 (DE-588)4215762-6 (DE-588)4113937-9 |
| title | On Overlapping Generations Models with Productive Capital |
| title_auth | On Overlapping Generations Models with Productive Capital |
| title_exact_search | On Overlapping Generations Models with Productive Capital |
| title_exact_search_txtP | On Overlapping Generations Models with Productive Capital |
| title_full | On Overlapping Generations Models with Productive Capital by Günther Lang |
| title_fullStr | On Overlapping Generations Models with Productive Capital by Günther Lang |
| title_full_unstemmed | On Overlapping Generations Models with Productive Capital by Günther Lang |
| title_short | On Overlapping Generations Models with Productive Capital |
| title_sort | on overlapping generations models with productive capital |
| topic | Economics, general Economics Management science Kapitalbildung (DE-588)4029565-5 gnd Wachstumsmodell (DE-588)4127141-5 gnd Mehrgenerationenmodell (DE-588)4215762-6 gnd |
| topic_facet | Economics, general Economics Management science Kapitalbildung Wachstumsmodell Mehrgenerationenmodell Hochschulschrift |
| url | https://doi.org/10.1007/978-3-642-48152-9 |
| work_keys_str_mv | AT langgunther onoverlappinggenerationsmodelswithproductivecapital |