Intergenerational Transfers as a Link between Overlapping Generations and Ramsey Models

8442 17 13170 2 21612 document 13170 IR-07-013.pdf application/pdf 9a6bb52cfeed3e432dd1a4fed7ba93e2 MD5 188250 2016-01-15 08:40:36 https://pure.iiasa.ac.at/id/eprint/8442/1/IR-07-013.pdf 8442 1 1 text en public

IR-07-013.pdf

15 16509 2 28239 document 16509 lightbox.jpg image/png 0b62b7a3b140fe2e6e1140b0a9ead84b MD5 15439 2016-01-15 11:41:16 https://pure.iiasa.ac.at/id/eprint/8442/2/lightbox.jpg 8442 2 2 image/png other Thumbnails conversion from text to thumbnail_lightbox en public

lightbox.jpg

http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/13170 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/13170 http://eprints.org/relation/islightboxThumbnailVersionOf https://pure.iiasa.ac.at/id/document/13170 16510 2 28240 document 16510 preview.jpg image/png 981f28252faf402578b2f8e614afaa45 MD5 7176 2016-01-15 11:41:17 https://pure.iiasa.ac.at/id/eprint/8442/3/preview.jpg 8442 3 3 image/png other Thumbnails conversion from text to thumbnail_preview en public

preview.jpg

http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/13170 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/13170 http://eprints.org/relation/ispreviewThumbnailVersionOf https://pure.iiasa.ac.at/id/document/13170 16511 2 28241 document 16511 medium.jpg image/png f8d5e4f7b171f3aa9a9122bb840a4345 MD5 2379 2016-01-15 11:41:18 https://pure.iiasa.ac.at/id/eprint/8442/4/medium.jpg 8442 4 4 image/png other Thumbnails conversion from text to thumbnail_medium en public

medium.jpg

http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/13170 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/13170 http://eprints.org/relation/ismediumThumbnailVersionOf https://pure.iiasa.ac.at/id/document/13170 16512 2 28242 document 16512 small.jpg image/png 0e73e50d4561d1c175c2f4a216998290 MD5 1056 2016-01-15 11:41:18 https://pure.iiasa.ac.at/id/eprint/8442/5/small.jpg 8442 5 5 image/png other Thumbnails conversion from text to thumbnail_small en public

small.jpg

http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/13170 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/13170 http://eprints.org/relation/issmallThumbnailVersionOf https://pure.iiasa.ac.at/id/document/13170 16513 1 28243 document 16513 indexcodes.txt text/x-c++ 53a0e9ee4baa5b556b1858ce581854f6 MD5 3968 2016-01-15 11:41:23 https://pure.iiasa.ac.at/id/eprint/8442/6/indexcodes.txt 8442 6 6 text/x-c++ other Generate index codes conversion from text to indexcodes en public

indexcodes.txt

http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/13170 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/13170 http://eprints.org/relation/isIndexCodesVersionOf https://pure.iiasa.ac.at/id/document/13170 72119 2 199545 document 72119 IR-07-013.pdf application/pdf 512a208ad0175d37f24d0f0c9a6b81e3 MD5 167958 2016-10-25 09:58:09 https://pure.iiasa.ac.at/id/eprint/8442/7/IR-07-013.pdf 8442 7 7 application/pdf other Coversheet Pages conversion from text to application/pdf en public

IR-07-013.pdf

http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/13170 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/13170 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/13170 archive 351 disk0/00/00/84/42 2016-01-15 08:40:36 2021-08-27 17:20:13 2016-01-15 08:40:36 monograph show 2 Melnikov N. 8103 Sanderson W.C. 1631 Intergenerational Transfers as a Link between Overlapping Generations and Ramsey Models pub iis_mod iis_pop prog_pcc Growth models; Overlapping generations; Intergenerational transfers; Asset bubbles; Ricardian neutrality. This paper develops a continuous-time model in which intergenerational transfers, di.erent from bequest, serve as a link between the overlapping generations (OLG) model and Ramsey-type model. We show that this theoretical framework covers a range of possible dynamics including the model of perpetual youth and Ramsey model as the two boundary cases. We also prove that, except for the Ramsey case, the new model retains qualitative features of an OLG model: competitive equilibrium can be ine1cient, Ricardian debt neutrality may be violated, and asset bubbles can exist. JEL classi/cation: C61; D91; O41 Mathematics Subject Classi/cation (2000): 91B64, 93C10 2007-05 published IR-07-013 IR-07-013 1446 265 public interim_report IIASA, Laxenburg, Austria 10 FALSE info:eu-repo/semantics/book