Macroeconomic Consequences of Demographic Change Modeling Issues and Applications /

• Main Author: Rausch, Sebastian (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2009.
• Series: Lecture Notes in Economics and Mathematical Systems, 621
• Subjects: Macroeconomics.; International economics.; Population.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Population Economics.; International Economics.

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...

Table of Contents:

• 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.