Demographic structure and capital accumulation
نویسندگان
چکیده
منابع مشابه
Demographic structure and capital accumulation
This paper develops an overlapping generations model to analyze the consequences of demographic structure changes induced by an exogenous shift in the birth rate. We rst show that a nite growth rate of the population that maximizes long-run capital per capita exists. Then, we examine the theoretical properties of this growth rate by showing that: (i) it corresponds to the demographic structur...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2007
ISSN: 0022-0531
DOI: 10.1016/j.jet.2005.10.001