Ghiglino, Christian and Hansen, Bodil Olai and Tved, Mich (2000) TRANSFERS AND GIFTS IN OG MODELS: MONETARY STEADY STATES. [["eprint_typename_scholarly-edition" not defined]]
Ghiglino, Christian and Hansen, Bodil Olai and Tved, Mich (2000) TRANSFERS AND GIFTS IN OG MODELS: MONETARY STEADY STATES. [["eprint_typename_scholarly-edition" not defined]]
Ghiglino, Christian and Hansen, Bodil Olai and Tved, Mich (2000) TRANSFERS AND GIFTS IN OG MODELS: MONETARY STEADY STATES. [["eprint_typename_scholarly-edition" not defined]]
Abstract
In the present paper the study of the welfare effects of endowment transfers is extended to the set of steady states of a general stationary overlapping generation model. A complete characterization of manipulations by coalitions and transfers which leads to welfare paradoxes is provided.
| Item Type: | ["eprint_typename_scholarly-edition" not defined] |
|---|---|
| Uncontrolled Keywords: | D51; D91; E32; Overlapping-generations models; manipulations; transfer paradox; Leontief effect; steady states; theory of duality |
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Economics, Department of |
| SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
| Depositing User: | Unnamed user with email elements@essex.ac.uk |
| Date Deposited: | 16 Jul 2012 18:14 |
| Last Modified: | 15 Jan 2022 00:40 |
| URI: | http://repository.essex.ac.uk/id/eprint/3021 |