Essays On Overlapping Generations
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Overlapping Generations
Author: Stephen E. Spear
language: en
Publisher: Emerald Group Publishing
Release Date: 2023-09-04
The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didn’t become the central workhorse model for macroeconomics, as opposed to the neoclassical growth model. The authors here explore the co-evolution of the two models.