Macroeconomic Consequences of Demographic Change: Modeling Issues and Applications: 621 (Lecture Notes in Economics and Mathematical Systems, 621) - Image 1

£78.84

Springer Macroeconomic Consequences of Demographic Change: Modeling Issues and Applications: 621 (Lecture Notes in Economics and Mathematical Systems, 621)

Name: Macroeconomic Consequences of Demographic Change: Modeling Issues and Applications: 621 (Lecture Notes in Economics and Mathematical Systems, 621)
Brand: Springer
Price: 78.84 GBP
Availability: InStock

Anthropology & Sociology

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Description

This book details a computational approach to solving large-scale Auerbach-Kotlikoff Overlapping Generations (OLG) models in a complementary format. It applies the algorithm to the macroeconomics of demographic change, showing its flexibility and scope. From the Back Cover 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.

Product Specifications

Brand: Springer
Format: paperback
ASIN: 3642001459
Category: Books > Subjects > Biography > Medical, Legal & Social Sciences > Anthropology & Sociology
Domain: Amazon UK
Release Date: 22 April 2009
Listed Since: 02 January 2009

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Springer Macroeconomic Consequences of Demographic Change: Modeling Issues and Applications: 621 (Lecture Notes in Economics and Mathematical Systems, 621)

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