Factor shares in OLG models of growth

European Economic Review

Volumn 40, Issue 8, 1996, Pages 1541-1560

  Bertola, Giuseppe ^a,b,c  

^a Istituto di Economia Politica   (Italy)

^b CEPR   (United Kingdom)

^c NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

Author keywords

Factor shares; Overlapping generations model; Rates of return; Savings

Indexed keywords

AGGREGATE SAVINGS; ECONOMIC GROWTH; HOUSEHOLD SAVINGS; MODELLING APPROACH; OVERLAPPING GENERATIONS MODEL; SAVINGS BEHAVIOUR;

EID: 0030441613     PISSN: 00142921     EISSN: None     Source Type: Journal    
DOI: 10.1016/0014-2921(94)00107-3     Document Type: Article

References (23)

1. Alesina, Alberto and Dani Rodrik, 1991, Distributive policies and economic growth, Working paper no. 3668 (NBER, Cambridge, MA).
2. Alogoskoufis, George S. and Frederick van der Ploeg, 1990, On budgetary policies and economic growth, Discussion paper no. 496 (CEPR, London).
3. Baranzini, Mauro, 1991, A theory of wealth accumulation and distribution (Oxford University Press, Oxford).
4. Bertola, Giuseppe, 1993, Factor shares and savings in endogenous growth, American Economic Review 83, no. 5, 1184-1198.
5. Blanchard, Olivier J., 1985, Debts, deficits and finite horizons, Journal of Political Economy 93, 233-247.
6. Buiter, Willem H., 1993, Saving and endogenous growth: A survey of theory and policy, in: A. Heertje, ed., World savings: An international survey (Blackwell, Oxford) 64-99.
7. Cass, David, 1965, Optimum growth in an aggregative model of capital accumulation, Review of Economic Studies 32, 233-240.
8. Cole, Harold L., George J. Mailath and Andrew Postlewaite, 1991, Social norms, savings behavior and growth, Journal of Political Economy 100, no. 6, 1092-1125.
9. Diamond, Peter A., 1965, National debt in a neoclassical growth model, American Economic Review 55, 1126-1150.
10. Engel, Charles and Kenneth M. Kletzer, 1992, Distribution of rents and growth, Discussion paper no. 656 (Economic Growth Center, Yale University, New Haven, CT).
11. Grossman, Gene M. and Elhanan Helpman, 1991, Innovation and growth (MIT Press, Cambridge, MA).
12. Grossman, Gene M. and Noriyuki Yanagawa, 1993, Asset bubbles and endogenous growth, Journal of Monetary Economics 31, 3-19.
13. Hall, Robert E., 1988, Intertemporal substitution in consumption, Journal of Political Economy 96, 339-357.
14. Kotlikoff, Lawrence J. and Lawrence H. Summers, 1981, The role of intergenerational transfers in aggregate capital accumulation, Journal of Political Economy 89, 706-732.
15. Koopmans, Tjalling C., 1965, On the concept of optimal economic growth: The economic approach to development planning (North-Holland, Amsterdam).
16. Modigliani, Franco, 1986, Life cycle, individual thrift and the wealth of nations, American Economic Review 76, 297-313.
17. Persson, Torsten and Guido Tabellini, 1991, Politico-economic equilibrium growth: Theory and evidence, Working paper no. 3599 (NBER, Cambridge, MA).
18. Rebelo, Sergio, 1991, Long-run policy analysis and long-run growth, Journal of Political Economy 99, 500-521.
19. Romer, Paul M., 1986, Increasing returns and long-run growth, Journal of Political Economy 94, 1002-1037.
20. Saint-Paul, Gilles, 1992, Fiscal policy in an endogenous growth model, Quarterly Journal of Economics 107, 1243-1259.
21. Uhlig, Harald and Noriyuki Yanagawa, 1991, Increasing the capital income tax leads to faster growth, Working paper (Princeton University, Princeton, NJ).
22. van Ewijk, Casper, 1992, A political model of taxation, distribution and growth, Working paper (University of Amsterdam, Amsterdam).
23. Weil, Philippe, 1989, Overlapping families of infinitely-lived agents, Journal of Public Economics 38, 183-198.