Ce papier analyse les politiques et réformes dynamiquement cohérentes d’un système public de transferts intergénérationnels. Si l’Etat accorde un poids suffisamment modéré aux personnes âgées vivantes, les Gouvernements successifs mettront en oeuvre des politiques donnant des...

This paper considers a growth model with migrants who do not own capital. The income of domestic residents and their welfare increase with the number of migrants. Then, a public good is introduced. Migrants do not contribute to its financing but induce congestion effects and decrease the quality...

Le vieillissement des populations, que l'on observe dans tous les pays industrialisés, déstabilise leur système de retraites. De nombreuses réformes sont en cours de discussion ou de mise en œuvre. Leur but est de redéfinir les modalités des solidarités intergénérationnelles....

Until recently, the application of computable general equilibrium (CGE) models to the evaluation of the effects of tourism and tourism policies on the economic and social situation in a country has been very limited by the paucity of data. Over the recent years, the development of tourism...

This paper examines the effects of tourism in a dynamic model of trade on unemployment, capital accumulation and resident welfare. A tourism boom improves the terms of trade, increases labor employment, but lowers capital accumulation. The reduction in the capital stock depends on the degree of...

This paper investigates time consistent policies and reforms of intergenerational transfers. If the weight the Government gives to the living elderly is low enough, successive Governments will implement policies with equitable results across generations, even if their social welfare function is...

This paper examines the effects of tourism on labor employment, capital accumulation and resident welfare for a small open economy with unemployment. A tourism boom improves the terms of trade, increases labor employment, but lowers capital accumulation. The reduction in the capital stock...