Overlapping Generations: Methods, Models and Morphology
The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didn't become the central workhorse model for macroeconomics, as opposed to the neoclassical growth model. The authors here explore the co-evolution of the two models
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Bingley
Emerald Publishing Limited
2023
|
| Edition: | 1st ed |
| Series: | International Symposia in Economic Theory and Econometrics Series
v.32 |
| Subjects: | |
| Online Access: | DE-2070s |
| Summary: | The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didn't become the central workhorse model for macroeconomics, as opposed to the neoclassical growth model. The authors here explore the co-evolution of the two models |
| Item Description: | Description based on publisher supplied metadata and other sources |
| Physical Description: | 1 Online-Ressource (261 Seiten) |
| ISBN: | 9781837530526 |
Staff View
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| 505 | 8 | |a Intro -- Half Title Page -- Series Page -- Title Page -- Copyright Page -- Dedication Page -- Contents -- List of Figures and Tables -- Acknowledgments -- Introduction -- Chapter 1: Origins of the Workhorse Models -- 1.1 Infinite-lived Agents and the Neoclassical Growth Model -- 1.2. The Overlapping Generations Model: Origins and Dissemination -- Chapter 2: OLG - The Next Generations, 1960-1970 -- 2.1 The Lerner-Samuelson Debate -- 2.2 The Meckling-Samuelson Debate -- 2.3 The Diamond Model -- 2.4 Cass and Yaari -- 2.5 Shell -- 2.6 Starrett and Gale -- Chapter 3: Expectations and the Neutrality of Money C. 1972: from OLG to Stochastic OLG -- Chapter 4: Infinite-lived Agents: Dynasty, 1970-1980 -- Chapter 5: OLG and Money, 1970-1980 -- 5.1 Neil Wallace -- 5.2 The 1978 Minneapolis Fed Conference -- 5.3 The Tenuousness of Money -- Chapter 6: OLG and Theory, 1970-1980 -- 6.1 Temporary Equilibrium -- 6.2 Optimal Taxation and Public Finance -- 6.3 The Balasko-Shell Analysis -- 6.4 Sunspots -- Chapter 7: Boomers -- 7.1 Kehoe and Levine -- 7.2 Chaos -- 7.3 Observational Equivalence -- 7.4 Incomplete Markets and Financial Frictions -- 7.5 Pushback -- 7.6 Stochastic OLG -- 7.7 Welfare Issues -- Chapter 8: Gen X and Beyond: 1995-2015 -- 8.1 Theory -- 8.2 Social Security -- 8.3 Demography and Wealth -- 8.4 Search -- 8.5 Computation -- Chapter 9: The Ascendance of ILA and the Future of Macro -- 9.1 Why ILA? -- 9.2 Whither Macroeconomics? -- Chapter 10: Morphology of OLG Models and Methods in Comparative Perspective -- Chapter 11: Summary and Conclusion -- Appendix 1: Graduate Textbook Coverage of OLG -- Appendix 2: Rios-Rull Follow-on Citations -- References -- Index | |
| 520 | |a The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didn't become the central workhorse model for macroeconomics, as opposed to the neoclassical growth model. The authors here explore the co-evolution of the two models | ||
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| 650 | 4 | |a Macroeconomics-Methodology | |
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| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a E. Spear, Stephen |t Overlapping Generations |d Bingley : Emerald Publishing Limited,c2023 |z 9781837530533 |
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| contents | Intro -- Half Title Page -- Series Page -- Title Page -- Copyright Page -- Dedication Page -- Contents -- List of Figures and Tables -- Acknowledgments -- Introduction -- Chapter 1: Origins of the Workhorse Models -- 1.1 Infinite-lived Agents and the Neoclassical Growth Model -- 1.2. The Overlapping Generations Model: Origins and Dissemination -- Chapter 2: OLG - The Next Generations, 1960-1970 -- 2.1 The Lerner-Samuelson Debate -- 2.2 The Meckling-Samuelson Debate -- 2.3 The Diamond Model -- 2.4 Cass and Yaari -- 2.5 Shell -- 2.6 Starrett and Gale -- Chapter 3: Expectations and the Neutrality of Money C. 1972: from OLG to Stochastic OLG -- Chapter 4: Infinite-lived Agents: Dynasty, 1970-1980 -- Chapter 5: OLG and Money, 1970-1980 -- 5.1 Neil Wallace -- 5.2 The 1978 Minneapolis Fed Conference -- 5.3 The Tenuousness of Money -- Chapter 6: OLG and Theory, 1970-1980 -- 6.1 Temporary Equilibrium -- 6.2 Optimal Taxation and Public Finance -- 6.3 The Balasko-Shell Analysis -- 6.4 Sunspots -- Chapter 7: Boomers -- 7.1 Kehoe and Levine -- 7.2 Chaos -- 7.3 Observational Equivalence -- 7.4 Incomplete Markets and Financial Frictions -- 7.5 Pushback -- 7.6 Stochastic OLG -- 7.7 Welfare Issues -- Chapter 8: Gen X and Beyond: 1995-2015 -- 8.1 Theory -- 8.2 Social Security -- 8.3 Demography and Wealth -- 8.4 Search -- 8.5 Computation -- Chapter 9: The Ascendance of ILA and the Future of Macro -- 9.1 Why ILA? -- 9.2 Whither Macroeconomics? -- Chapter 10: Morphology of OLG Models and Methods in Comparative Perspective -- Chapter 11: Summary and Conclusion -- Appendix 1: Graduate Textbook Coverage of OLG -- Appendix 2: Rios-Rull Follow-on Citations -- References -- Index |
| ctrlnum | (ZDB-30-PQE)EBC30662148 (ZDB-30-PAD)EBC30662148 (ZDB-89-EBL)EBL30662148 (OCoLC)1402818152 (DE-599)BVBBV049874793 |
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| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.1 |
| dewey-search | 332.1 |
| dewey-sort | 3332.1 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| edition | 1st ed |
| format | Electronic eBook |
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| id | DE-604.BV049874793 |
| illustrated | Not Illustrated |
| indexdate | 2024-09-19T05:22:07Z |
| institution | BVB |
| isbn | 9781837530526 |
| language | English |
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| physical | 1 Online-Ressource (261 Seiten) |
| psigel | ZDB-30-PQE ZDB-30-PQE HWR_PDA_PQE |
| publishDate | 2023 |
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| publisher | Emerald Publishing Limited |
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| series2 | International Symposia in Economic Theory and Econometrics Series |
| spelling | E. Spear, Stephen Verfasser aut Overlapping Generations Methods, Models and Morphology 1st ed Bingley Emerald Publishing Limited 2023 ©2023 1 Online-Ressource (261 Seiten) txt rdacontent c rdamedia cr rdacarrier International Symposia in Economic Theory and Econometrics Series v.32 Description based on publisher supplied metadata and other sources Intro -- Half Title Page -- Series Page -- Title Page -- Copyright Page -- Dedication Page -- Contents -- List of Figures and Tables -- Acknowledgments -- Introduction -- Chapter 1: Origins of the Workhorse Models -- 1.1 Infinite-lived Agents and the Neoclassical Growth Model -- 1.2. The Overlapping Generations Model: Origins and Dissemination -- Chapter 2: OLG - The Next Generations, 1960-1970 -- 2.1 The Lerner-Samuelson Debate -- 2.2 The Meckling-Samuelson Debate -- 2.3 The Diamond Model -- 2.4 Cass and Yaari -- 2.5 Shell -- 2.6 Starrett and Gale -- Chapter 3: Expectations and the Neutrality of Money C. 1972: from OLG to Stochastic OLG -- Chapter 4: Infinite-lived Agents: Dynasty, 1970-1980 -- Chapter 5: OLG and Money, 1970-1980 -- 5.1 Neil Wallace -- 5.2 The 1978 Minneapolis Fed Conference -- 5.3 The Tenuousness of Money -- Chapter 6: OLG and Theory, 1970-1980 -- 6.1 Temporary Equilibrium -- 6.2 Optimal Taxation and Public Finance -- 6.3 The Balasko-Shell Analysis -- 6.4 Sunspots -- Chapter 7: Boomers -- 7.1 Kehoe and Levine -- 7.2 Chaos -- 7.3 Observational Equivalence -- 7.4 Incomplete Markets and Financial Frictions -- 7.5 Pushback -- 7.6 Stochastic OLG -- 7.7 Welfare Issues -- Chapter 8: Gen X and Beyond: 1995-2015 -- 8.1 Theory -- 8.2 Social Security -- 8.3 Demography and Wealth -- 8.4 Search -- 8.5 Computation -- Chapter 9: The Ascendance of ILA and the Future of Macro -- 9.1 Why ILA? -- 9.2 Whither Macroeconomics? -- Chapter 10: Morphology of OLG Models and Methods in Comparative Perspective -- Chapter 11: Summary and Conclusion -- Appendix 1: Graduate Textbook Coverage of OLG -- Appendix 2: Rios-Rull Follow-on Citations -- References -- Index The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didn't become the central workhorse model for macroeconomics, as opposed to the neoclassical growth model. The authors here explore the co-evolution of the two models Macroeconomics-Econometric models Macroeconomics-Methodology Young, Warren Sonstige oth Erscheint auch als Druck-Ausgabe E. Spear, Stephen Overlapping Generations Bingley : Emerald Publishing Limited,c2023 9781837530533 |
| spellingShingle | E. Spear, Stephen Overlapping Generations Methods, Models and Morphology Intro -- Half Title Page -- Series Page -- Title Page -- Copyright Page -- Dedication Page -- Contents -- List of Figures and Tables -- Acknowledgments -- Introduction -- Chapter 1: Origins of the Workhorse Models -- 1.1 Infinite-lived Agents and the Neoclassical Growth Model -- 1.2. The Overlapping Generations Model: Origins and Dissemination -- Chapter 2: OLG - The Next Generations, 1960-1970 -- 2.1 The Lerner-Samuelson Debate -- 2.2 The Meckling-Samuelson Debate -- 2.3 The Diamond Model -- 2.4 Cass and Yaari -- 2.5 Shell -- 2.6 Starrett and Gale -- Chapter 3: Expectations and the Neutrality of Money C. 1972: from OLG to Stochastic OLG -- Chapter 4: Infinite-lived Agents: Dynasty, 1970-1980 -- Chapter 5: OLG and Money, 1970-1980 -- 5.1 Neil Wallace -- 5.2 The 1978 Minneapolis Fed Conference -- 5.3 The Tenuousness of Money -- Chapter 6: OLG and Theory, 1970-1980 -- 6.1 Temporary Equilibrium -- 6.2 Optimal Taxation and Public Finance -- 6.3 The Balasko-Shell Analysis -- 6.4 Sunspots -- Chapter 7: Boomers -- 7.1 Kehoe and Levine -- 7.2 Chaos -- 7.3 Observational Equivalence -- 7.4 Incomplete Markets and Financial Frictions -- 7.5 Pushback -- 7.6 Stochastic OLG -- 7.7 Welfare Issues -- Chapter 8: Gen X and Beyond: 1995-2015 -- 8.1 Theory -- 8.2 Social Security -- 8.3 Demography and Wealth -- 8.4 Search -- 8.5 Computation -- Chapter 9: The Ascendance of ILA and the Future of Macro -- 9.1 Why ILA? -- 9.2 Whither Macroeconomics? -- Chapter 10: Morphology of OLG Models and Methods in Comparative Perspective -- Chapter 11: Summary and Conclusion -- Appendix 1: Graduate Textbook Coverage of OLG -- Appendix 2: Rios-Rull Follow-on Citations -- References -- Index Macroeconomics-Econometric models Macroeconomics-Methodology |
| title | Overlapping Generations Methods, Models and Morphology |
| title_auth | Overlapping Generations Methods, Models and Morphology |
| title_exact_search | Overlapping Generations Methods, Models and Morphology |
| title_full | Overlapping Generations Methods, Models and Morphology |
| title_fullStr | Overlapping Generations Methods, Models and Morphology |
| title_full_unstemmed | Overlapping Generations Methods, Models and Morphology |
| title_short | Overlapping Generations |
| title_sort | overlapping generations methods models and morphology |
| title_sub | Methods, Models and Morphology |
| topic | Macroeconomics-Econometric models Macroeconomics-Methodology |
| topic_facet | Macroeconomics-Econometric models Macroeconomics-Methodology |
| work_keys_str_mv | AT espearstephen overlappinggenerationsmethodsmodelsandmorphology AT youngwarren overlappinggenerationsmethodsmodelsandmorphology |