Overlapping generations : methods, models and morphology

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. Introduced in 1958 by Paul Samuelson, the model postulates an infinite number of finite-lived families. This is in stark con...

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Bibliographic Details
Main Authors Spear, Stephen E. (Author), Young, Warren (Author)
Format Electronic eBook
LanguageEnglish
Published Bingley, U.K. : Emerald Publishing Limited, 2023.
SeriesInternational symposia in economic theory and econometrics ; 32.
Subjects
Macroeconomics > Methodology.
Macroeconomics > Econometric models.
Macroeconomics.
elektronické knihy
electronic books
Online AccessFull text
ISBN9781837530540
DOI10.1108/S1571-0386202332
Physical Description1 online resource (332 pages).

Cover

Table of Contents:
  • Introduction. Introduction
  • Chapter 1. Origins of the workhorse models
  • Chapter 2. Olg - the next generations, 1960-1970
  • Chapter 3. Expectations and the neutrality of money c. 1972: From olg to solg
  • Chapter 4. Infinite lived agents: Dynasty, 1970-1980
  • Chapter 5. Olg and money, 1970-1980
  • Chapter 6. Olg and theory, 1970-1980
  • Chapter 7. Boomers
  • Chapter 8. Gen x and beyond: 1995-2015
  • Chapter 9. The ascendance of ila and the future of macro
  • Chapter 10. Morphology of olg models and methods in comparative perspective
  • Chapter 11. Summary and conclusion.

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