Macroeconomic Consequences of Demographic Change Modeling Issues and Applications /

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 m...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Rausch, Sebastian (Συγγραφέας)
Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
Γλώσσα:English
Έκδοση: Berlin, Heidelberg : Springer Berlin Heidelberg, 2009.
Σειρά:Lecture Notes in Economics and Mathematical Systems, 621
Θέματα:
Διαθέσιμο Online:Full Text via HEAL-Link
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245 1 0 |a Macroeconomic Consequences of Demographic Change  |h [electronic resource] :  |b Modeling Issues and Applications /  |c by Sebastian Rausch. 
264 1 |a Berlin, Heidelberg :  |b Springer Berlin Heidelberg,  |c 2009. 
300 |a XV, 135 p. 29 illus.  |b online resource. 
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490 1 |a Lecture Notes in Economics and Mathematical Systems,  |x 0075-8442 ;  |v 621 
505 0 |a 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. 
520 |a 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. 
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650 0 |a International economics. 
650 0 |a Population. 
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650 2 4 |a International Economics. 
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830 0 |a Lecture Notes in Economics and Mathematical Systems,  |x 0075-8442 ;  |v 621 
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