Overlapping Generations Model

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:alsoKnownAs gptkb:OLG_model
gptkbp:analyzes dynamic inefficiency
gptkbp:assumes finite lifespans for agents
gptkbp:basisFor many macroeconomic policy analyses
gptkbp:contrastsWith infinite horizon models
gptkbp:describes economies with agents of different generations
gptkbp:features overlapping cohorts of young and old agents
gptkbp:field macroeconomics
gptkbp:form discrete time
general equilibrium
https://www.w3.org/2000/01/rdf-schema#label Overlapping Generations Model
gptkbp:introduced gptkb:Paul_Samuelson
gptkb:Peter_Diamond
gptkbp:introducedIn 1958
gptkbp:relatedTo gptkb:life-cycle_hypothesis
gptkb:intertemporal_choice
gptkbp:usedFor analyzing intergenerational transfers
analyzing public debt
studying capital accumulation
studying social security
gptkbp:bfsParent gptkb:OLG_model
gptkbp:bfsLayer 6