Economic Analyses Using the Overlapping Generations Model and General Equilibrium Growth Accounting for the Japanese Economy

Economic Analyses Using the Overlapping Generations Model and General Equilibrium Growth Accounting for the Japanese Economy PDF Author: Mitoshi Yamaguchi
Publisher: World Scientific
ISBN: 9814571504
Category : Business & Economics
Languages : en
Pages : 356

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Book Description
This unique book contains novel and in-depth research regarding economic development in Japan. The authors examine economic development in Japan from both theoretical and empirical perspectives. Using general equilibrium growth accounting and the overlapping generations model, they analyze the relationships between population, agriculture and the economy. The research results are unprecedented and show the effects of increased adult longevity on national savings and the effects of demographic change on the industrial structure; the push-pull effects of technical change in agricultural and non-agricultural sectors and the positive effects of population on technical change and economic development. Contents:Basic Considerations in the Analysis of Economic DevelopmentGeneral Equilibrium Growth Accounting for the Japanese EconomyA Graphic Model of the Effects of Sectoral Technical ChangeFactor Mobility and Surplus Labor in the Japanese EconomyAgricultural Surplus Labor and Growth Accounting for the Thai and Chinese EconomiesInterrelationship between Population and EconomyA Consideration of the Positive Effects of PopulationThe Effects of Adult Longevity on the National Saving RateTwo Demographic Dividends, Saving, and Economic GrowthThe Effect of Demographic Change on Industrial Structure Readership: Students and researchers who are interested in Japan's economic development. Key Features:First book to conduct a detailed analysis using the general equilibrium growth accounting modelQuantitatively analyzes and graphically shows economic development in Japan during its transition from a developing country to an advanced nationKeywords:Overlapping Generations Model;General Equilibrium Growth Accounting;Population;Agriculture;Economic Development;Technical Change;Savings;Life Expectancy;Demographic Dividends;Depopulation;Population Aging

Economic Analyses Using the Overlapping Generations Model and General Equilibrium Growth Accounting for the Japanese Economy

Economic Analyses Using the Overlapping Generations Model and General Equilibrium Growth Accounting for the Japanese Economy PDF Author: Mitoshi Yamaguchi
Publisher: World Scientific
ISBN: 9814571504
Category : Business & Economics
Languages : en
Pages : 356

Get Book

Book Description
This unique book contains novel and in-depth research regarding economic development in Japan. The authors examine economic development in Japan from both theoretical and empirical perspectives. Using general equilibrium growth accounting and the overlapping generations model, they analyze the relationships between population, agriculture and the economy. The research results are unprecedented and show the effects of increased adult longevity on national savings and the effects of demographic change on the industrial structure; the push-pull effects of technical change in agricultural and non-agricultural sectors and the positive effects of population on technical change and economic development. Contents:Basic Considerations in the Analysis of Economic DevelopmentGeneral Equilibrium Growth Accounting for the Japanese EconomyA Graphic Model of the Effects of Sectoral Technical ChangeFactor Mobility and Surplus Labor in the Japanese EconomyAgricultural Surplus Labor and Growth Accounting for the Thai and Chinese EconomiesInterrelationship between Population and EconomyA Consideration of the Positive Effects of PopulationThe Effects of Adult Longevity on the National Saving RateTwo Demographic Dividends, Saving, and Economic GrowthThe Effect of Demographic Change on Industrial Structure Readership: Students and researchers who are interested in Japan's economic development. Key Features:First book to conduct a detailed analysis using the general equilibrium growth accounting modelQuantitatively analyzes and graphically shows economic development in Japan during its transition from a developing country to an advanced nationKeywords:Overlapping Generations Model;General Equilibrium Growth Accounting;Population;Agriculture;Economic Development;Technical Change;Savings;Life Expectancy;Demographic Dividends;Depopulation;Population Aging

A Theory of Economic Growth

A Theory of Economic Growth PDF Author: David de la Croix
Publisher: Cambridge University Press
ISBN: 9780521001151
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
This book provides an in-depth treatment of the overlapping generations model in economics incorporating production.

A Solutions Manual for General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory

A Solutions Manual for General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory PDF Author: Truman Fassett Bewley
Publisher:
ISBN: 9780674058293
Category : Econometric models
Languages : en
Pages : 0

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Book Description
The Solutions Manual contains answers to problems in General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory. Truman F. Bewley's book--a cornerstone of microeconomics, general equilibrium theory, and mathematical economics courses--covers the main premises behind insurance, capital theory, growth theory, and social security.

Routledge Handbook of Asian Demography

Routledge Handbook of Asian Demography PDF Author: Zhongwei Zhao
Publisher: Routledge
ISBN: 1351373455
Category : Social Science
Languages : en
Pages : 550

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Book Description
Home to close to 60 per cent of the world’s population, Asia is the largest and by far the most populous continent. It is also extremely diverse, physically and culturally. Asian countries and regions have their own distinctive histories, cultural traditions, religious beliefs and political systems, and they have often pursued different routes to development. Asian populations also present a striking array of demographic characteristics and stages of demographic transition. This handbook is the first to provide a comprehensive study of population change across the whole of Asia. Comprising 28 chapters by more than 40 international experts this handbook examines demographic transitions on the continent, their considerable variations, their causes and consequences, and their relationships with a wide range of social, economic, political and cultural processes. Major topics covered include: population studies and sources of demographic data; historical demography; family planning and fertility decline; sex preferences; mortality changes; causes of death; HIV/AIDS; population distribution and migration; urbanization; marriage and family; human capital and labour force; population ageing; demographic dividends; political demography; population and environment; and Asia’s demographic future. This handbook provides an authoritative and comprehensive reference for researchers, policymakers, academics, students and anyone who is interested in population change in Asia and the world.

Overlapping Generations

Overlapping Generations PDF Author: Stephen E. Spear
Publisher: Emerald Group Publishing
ISBN: 1837530521
Category : Business & Economics
Languages : en
Pages : 261

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Book Description
The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didn’t become the central workhorse model for macroeconomics, as opposed to the neoclassical growth model. The authors here explore the co-evolution of the two models.

Generational Policy

Generational Policy PDF Author: Laurence J. Kotlikoff
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 114

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Book Description
Generational policy is a fundamental aspect of a nation's fiscal affairs. The policy involves redistributing resources across generations and allocating to particular generations the burden of paying the government's bills. This chapter of the second edition of The Handbook of Public Economics shows how generational policy works, how it's measured, and how much it matters to virtual as well as real economies. The chapter shows the zero-sum nature of generational policy. It then illustrates generational policy the difference between statutory and true fiscal incidence. It also illuminates the arbitrary nature of fiscal labels as well as their associated fiscal aggregates, including the budget deficit, aggregate tax revenues, and aggregate transfer payments. Finally, it illustrates the various guises of generational policy, including structural tax changes, running budget deficits, altering investment incentives, and expanding pay-as-you-go-financed social security. Once this example has been milked, the chapter shows that its lessons about the arbitrary nature of fiscal labels are general. They apply to any neoclassical model with rational economic agents and rational economic institutions. This demonstration sets the stage for the description, illustration, and critique of generational accounting. The chapter's final sections use a simulation model to illustrate generational policy, consider the theoretical and empirical case for and against Ricardian Equivalence, discuss government risk sharing and risk making, and summarize lessons learned.

The New Palgrave Dictionary of Economics

The New Palgrave Dictionary of Economics PDF Author:
Publisher: Springer
ISBN: 1349588024
Category : Law
Languages : en
Pages : 7493

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Book Description
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

Human Capital and Economic Growth in an Overlapping Generations Model

Human Capital and Economic Growth in an Overlapping Generations Model PDF Author: Binh Tran-Nam
Publisher:
ISBN: 9781863411943
Category : Education
Languages : en
Pages : 25

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Book Description


The Oxford Handbook of Computational Economics and Finance

The Oxford Handbook of Computational Economics and Finance PDF Author: Shu-Heng Chen
Publisher: Oxford University Press
ISBN: 0190877502
Category : Business & Economics
Languages : en
Pages : 784

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Book Description
The Oxford Handbook of Computational Economics and Finance provides a survey of both the foundations of and recent advances in the frontiers of analysis and action. It is both historically and interdisciplinarily rich and also tightly connected to the rise of digital society. It begins with the conventional view of computational economics, including recent algorithmic development in computing rational expectations, volatility, and general equilibrium. It then moves from traditional computing in economics and finance to recent developments in natural computing, including applications of nature-inspired intelligence, genetic programming, swarm intelligence, and fuzzy logic. Also examined are recent developments of network and agent-based computing in economics. How these approaches are applied is examined in chapters on such subjects as trading robots and automated markets. The last part deals with the epistemology of simulation in its trinity form with the integration of simulation, computation, and dynamics. Distinctive is the focus on natural computationalism and the examination of the implications of intelligent machines for the future of computational economics and finance. Not merely individual robots, but whole integrated systems are extending their "immigration" to the world of Homo sapiens, or symbiogenesis.

The Optimum Growth Rate for Population in the Neoclassical Overlapping Generations Model

The Optimum Growth Rate for Population in the Neoclassical Overlapping Generations Model PDF Author: Wolfgang Kuhle
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
ISBN: 9783631573525
Category : Population
Languages : en
Pages : 0

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Book Description
In the course of the last century, birth rates in the OECD have fallen significantly. This study is concerned with the long run factor price and welfare implications of this decline in birth rates. The relevant models, i.e. the pure consumption loan economy, the neoclassical one-sector growth model, variations of the neoclassical overlapping generations model, and the economic dependency approach are utilized to answer this question. The study features exact general conditions for the existence of an interior optimum growth rate for population in the neoclassical overlapping generations model and, hence, is closing a gap in the preceding literature. Subsequent empirical testing suggests that these conditions for the validity of the Serendipity Theorem are probably satisfied.