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Pension reform in an OLG model with heterogeneous abilities

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Population aging, the composition of government spending, and endogenous economic growth in politico-economic equilibrium

Kuehnel, Johanna - 2011 - This version: February 9, 2011

This paper introduces a democratic voting process into an OLG economy in order to analyze the e ffects of a rising old-age dependency ratio on the composition of government spending and endogenous economic growth. Forward-looking agents vote each period on the public policy mix between...

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Employment by age, education, and economic growth : effects of fiscal policy composition in general equilibrium

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