The Overlapping Generations Model of Diamond
Автор: Klaus Prettner
Загружено: 2021-02-13
Просмотров: 15057
Описание:
In this video, I present the basic version of the overlapping generations (OLG) model of Diamond (1965) and provide a graphical analysis of its dynamics.
The slides are based on chapter 5 of Prettner and Bloom (2020). Automation and Its Macroeconomic Consequences. Theory, Evidence, and Social Impacts.
For the other central macroeconomic model (the Ramsey-Cass-Koopmans model), please see
• The Ramsey-Cass-Koopmans Model Part 1: Der...
• The Ramsey-Cass-Koopmans Model Part 2: Ana...
If you are interested in modelling poverty traps in an overlapping generations model, please see
• The Overlapping Generations Model With a P...
For the effects of automation in an overlapping generations model, please see
• The Overlapping Generations Model With Aut...
If you are interested in macroeconomics, please see the following lecture
• Advanced Macroeconomics
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