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Population growth and steady state welfare in an overlapping generations model

Article ID Journal Published Year Pages File Type
5062817 Economics Letters 2006 5 Pages PDF
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.
Keywords
wagesEconomic growthPopulation growthOverlapping generations
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Population growth and steady state welfare in an overlapping generations model
Authors
Partha Sen,
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Journal
Economics Letters
Journal: Economics Letters
Related Categories
wages
Economic growth
Population growth
Overlapping generations
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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