Fehr, Hans; Jokisch, Sabine; Kotlikoff, Laurence J. - In: Oxford Review of Economic Policy 26 (2010) 4, pp. 636-654
for inequality across and within generations. This paper presents such a general equilibrium model. It features six goods …, five regions, three skill groups, and 91 overlapping generations, each making life-cycle consumption and labour … policies. This interconnected economic evolution--what economists call general equilibrium growth--holds important implications …