English, Article, Journal or magazine article edition: On the Golden Rule of capital accumulation under endogenous longevity Grégory Ponthière; David, DE LA CROIX

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/44459
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • On the Golden Rule of capital accumulation under endogenous longevity
Author
  • Grégory Ponthière
  • David, DE LA CROIX
Physical Description
  • preprint
Notes
  • RePEc:pse:psecon:2008-48
  • This note derives the Golden Rule of capital accumulation in a Chakraborty-type economy, i.e. a two-period OLG economy where longevity is endogenous. It is shown that the capital per worker maximizing steady-state consumption per head is inferior to the Golden Rule capital level prevailing under exogenous longevity. We characterize also the lifetime Golden Rule, that is, the capital per worker maximizing steady-state expected lifetime consumption per head, and show that this tends to exceed the standard Golden Rule capital level.
  • Golden Rule, longevity, OLG models
  • RePEc:ctl:louvec:2008032
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment