Title of article :
Population growth and steady state welfare in an overlapping generations model
Author/Authors :
Partha Sen، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
Abstract :
In one-sector growth models, an increase in the population growth rate raises the economyʹs 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 :
Economic growth , Population growth , Wages , Two sector models , Overlapping generations
Journal title :
Economics Letters
Journal title :
Economics Letters