Overlapping Generations models
GPTKB entity
Statements (44)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:abbreviation |
OLG models
|
| gptkbp:appliesTo |
gptkb:pension_economics
gptkb:government growth theory monetary economics fiscal policy analysis |
| gptkbp:assumes |
multiple generations coexist
|
| gptkbp:category |
gptkb:economic_policy
public economics macroeconomic models dynamic models intertemporal models |
| gptkbp:contrastsWith |
representative agent models
|
| gptkbp:feature |
market equilibrium
general equilibrium generational overlap overlapping cohorts dynamic inefficiency heterogeneous agents bequest motives agents live for two or more periods demographic structure intertemporal choices life-cycle savings |
| gptkbp:field |
economics
macroeconomics |
| gptkbp:firstPublished |
1958
|
| https://www.w3.org/2000/01/rdf-schema#label |
Overlapping Generations models
|
| gptkbp:introduced |
gptkb:Paul_Samuelson
gptkb:Peter_Diamond |
| gptkbp:notablePublication |
Samuelson, Paul A. (1958). "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money"
Diamond, Peter A. (1965). "National Debt in a Neoclassical Growth Model" |
| gptkbp:relatedTo |
gptkb:Arrow–Debreu_model
gptkb:Ramsey–Cass–Koopmans_model gptkb:Solow–Swan_model gptkb:life-cycle_hypothesis dynamic stochastic general equilibrium models |
| gptkbp:usedFor |
analyzing intergenerational transfers
analyzing public debt studying capital accumulation studying social security |
| gptkbp:bfsParent |
gptkb:Dynamic_Stochastic_General_Equilibrium_models
|
| gptkbp:bfsLayer |
7
|