Fiscal policy effects in a heterogeneous-agent OLG economy with an aging population

DOI10.1016/J.JEDC.2015.09.007MaRDI QIDQ1657434zbMATH OpenOpenAlexFDO

Authors Shin-Ichi Nishiyama

Publication date 13 August 2018

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL http://www.lancaster.ac.uk/media/lancaster-university/content-assets/documents/lums/economics/working-papers/LancasterWP2015_018.pdf

zbMATH Keywords

aging populationdynamic general equilibriumfiscal policyheterogeneous agentsoverlapping generations

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Heterogeneous agent models (91B69)

Recommendations

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Cites work

• A life cycle analysis of social security
• The Japanese saving rate between 1960 and 2000: productivity, policy changes, and demographics

Cited in

(10)

• The age-specific burdens of short-run fluctuations in government spending
• Fiscal cost of demographic transition in Japan
• Demography and the composition of taxes: evidence from international panel data
• Achieving fiscal balance in Japan
• Aging and pensions in general equilibrium: labor market imperfections matter
• Economics and Ageing
• Generational distribution of fiscal burdens: a positive analysis
• Inclusive wealth with a changing but aging population
• Endogenous fiscal policy and capital market transmissions in the presence of demographic shocks
• ``A dynamic New Keynesian life-cycle model: societal aging, demographics, and monetary policy by Ippei Fujiwara and Yuki Teranishi. A comment

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