scholarly journals Population Ageing and Capital Accumulation: A Simple OLG Model with PAYGO Pensions

2015 ◽  
Vol 05 (02) ◽  
pp. 155-162 ◽  
Author(s):  
Joachim Thøgersen
Keyword(s):  
Capital Accumulation ◽  
Population Ageing ◽  
Olg Model

scholarly journals Capital Accumulation and Fiscal Policy in an OLG Model with Family Altruism

2006 ◽  
Vol 8 (3) ◽  
pp. 465-486 ◽  
Author(s):  
STEPHANE LAMBRECHT ◽  
PHILIPPE MICHEL ◽  
EMMANUEL THIBAULT
Keyword(s):  
Fiscal Policy ◽  
Capital Accumulation ◽  
Olg Model

Population Ageing and Inflation in OLG Model

2018 ◽  
Vol 31 (10) ◽  
pp. 1903-1922
Author(s):  
Jeongseok Lee ◽  
◽  
Joon-hee Rhee ◽  
Keyword(s):  
Population Ageing ◽  
Olg Model

LINKAGES UNDERLYING THE INFLUENCE OF POPULATION AGEING ON ECONOMIC GROWTH AND POLICY IMPLICATIONS TO VIETNAM

2017 ◽  
Vol 126 (5B) ◽  
pp. 73
Author(s):  
Nguyễn Thị Thu Hà
Keyword(s):  
Economic Growth ◽  
Capital Accumulation ◽  
Population Ageing ◽  
Output Growth ◽  
Policy Implications ◽  
Ageing Population ◽  
Negative Effects ◽  
Ageing Society ◽  
The Government ◽  
The Impact

This paper is in line with literature reviews of ageing society and economic growth to provide a deeper knowledge of whether ageing population diminishes or enhances economic growth. The first part presents the causes of negative effects of population ageing on economic growth. It reveals that lower fertility, longer life expectancy, low consumption and high public spending on health care lead to aggregate output growth decline in the long-run. The following part attempts to explain the hypotheses of why ageing can contribute to economic growth. The key issue is the human capital accumulation according to the proposition of replicated economy. Furthermore, this part indentifies the elderly factors affecting economic growth, including effective labor, knowledge transfer and change in saving patterns. Accordingly, the conceptual framework is schematically shown with linkages underlying the impact of population ageing on economic growth. This study is expected to be the first research focuses on the schematic diagram of this relationship and will be useful for planning policy reform of the government of Vietnam. Lastly, after reviewing the overview picture of population ageing in Vietnam, some policy implications are suggested to take advantage of population ageing and to diminish negative effects of population ageing on economic growth.

scholarly journals THE RELATIONSHIP BETWEEN PUBLIC AND PRIVATE HEALTH INVESTMENT AND ECONOMIC DEVELOPMENT BASED ON THE OVERLAPPING GENERATIONS (OLG) MODEL

2021 ◽  
Vol 27 (spe) ◽  
pp. 105-107
Author(s):  
Shuihui Jiang
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Capital Accumulation ◽  
Capital Investment ◽  
Overlapping Generations ◽  
Human Capital Investment ◽  
Olg Model ◽  
Healthy Human ◽  
The Relationship

ABSTRACT As an important part of human capital, healthy human capital plays a great role in promoting economic development. Based on the overlapping generations (OLG) model, this study establishes a correlation analysis model between healthy human capital and economic growth. This model takes utility maximization as the theoretical carrier to study how individuals promote economic growth while pursuing the maximization of their own health capital accumulation. The model can analyze the promotion mechanism of healthy human capital on economic growth, so as to provide decision support for relevant personnel. Taking the panel data of 11 provinces and cities in China as samples, this paper makes an empirical analysis of the model. The results show that healthy human capital investment in coastal areas is generally high, and the relationship between healthy human capital and economic growth conforms to the inverted U-shaped development model, so we should pay attention to the reasonable proportion of healthy human capital investment. In addition, from the fitting effect of the regression model, the F-statistic values of model 1 and model 2 are 672.6327 and 1240.188, which shows that the fitting accuracy of the two regression models is higher.

GROWTH AND IRREVERSIBLE POLLUTION: ARE EMISSION PERMITS A MEANS OF AVOIDING ENVIRONMENTAL AND POVERTY TRAPS?

2011 ◽  
Vol 17 (2) ◽  
pp. 261-293 ◽  
Author(s):  
Fabien Prieur ◽  
Alain Jean-Marie ◽  
Mabel Tidball
Keyword(s):  
Pollution Control ◽  
Capital Accumulation ◽  
Multiple Equilibria ◽  
Double Dividend ◽  
Poverty Traps ◽  
Critical Threshold ◽  
Olg Model ◽  
Emission Permits ◽  
Emission Quota

We consider an OLG model with emissions arising from production and potentially irreversible pollution. Pollution control consists of the assignment of permits to firms; private agents also can abate pollution. In this setting, we prove that multiple equilibria exist. Due to the possible irreversibility of pollution, the economy can be dragged into both environmental and poverty traps. First, we show that choosing an emission quota at the lowest level beyond a critical threshold is a means to avoid these two types of traps. We also prove that when the agents do not engage in maintenance, a reduction of the quota leads to a reduction in pollution but also to slower capital accumulation. In contrast, when agents do engage in maintenance, a reduction of the quota provides a double dividend.

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