Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062817 | Economics Letters | 2006 | 5 Pages |
Abstract
In one-sector growth models, an increase in the population growth rate raises the economy's growth rate but lowers steady-state welfare (or consumption per capita). I show that in a two-sector overlapping generations model it can raise the steady-state welfare.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Partha Sen,