UID:
almahu_9949285309702882
Umfang:
XV, 135 p. 29 illus.
,
online resource.
Ausgabe:
1st ed. 2009.
ISBN:
9783642001468
Serie:
Lecture Notes in Economics and Mathematical Systems, 621
Inhalt:
This book presents a new computational approach to solving large-scale Auerbach-Kotlikoff Overlapping Generations (OLG) models in a complementarity format. Unlike with integrated solution methods, the proposed decomposition algorithm allows for the solution of multi-regional and multi-sectoral OLG models that exhibit a large number of heterogeneous consumers and a variety of household-specific effects. By broadening the scope of economic analysis, this new approach provides a powerful tool for applied general equilibrium modelers. In this book, the algorithm is applied to the macroeconomics of demographic change, demonstrating its flexibility and scope as a solution concept. With a specific analysis on the implications of globally unsynchronized demographic patterns for international trade, the book also explores the sectoral and distributional consequences of an aging population in Germany.
Anmerkung:
Computation of Equilibria in OLG Models with Many Heterogeneous Households -- Trade Liberalization and Global Demographic Change: A Quantitative Assessment -- Quantifying the Sectoral and Distributional Effects of Demographic Change in Germany -- Concluding Remarks.
In:
Springer Nature eBook
Weitere Ausg.:
Printed edition: ISBN 9783642002427
Weitere Ausg.:
Printed edition: ISBN 9783642001451
Sprache:
Englisch
DOI:
10.1007/978-3-642-00146-8
URL:
https://doi.org/10.1007/978-3-642-00146-8
