Attanasio Orazio P.; Sagiri, Kitao; Violante Giovanni L. - In: The B.E. Journal of Macroeconomics 6 (2006) 1, pp. 1-44
This paper evaluates quantitatively the impact of the observed demographic transition on aggregate variables (factor prices, saving rate, output growth), and on inter-generational welfare in developing economies. It does so by developing a large-scale two-region equilibrium overlapping...
