| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w10231 |
| 来源ID | Working Paper 10231 |
| Efficiency with Endogenous Population Growth | |
| Mikhail Golosov; Larry E. Jones; Michele Tertilt | |
| 发表日期 | 2004-01-26 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | In this paper, we generalize the notion of Pareto-efficiency to make it applicable to environments with endogenous populations. Two efficiency concepts are proposed, P-efficiency and A-efficiency. The two concepts differ in how they treat people who are not born. We show how these concepts relate to the notion of Pareto-efficiency when fertility is exogenous. We then prove versions of the first welfare theorem assuming that decision making is efficient within the dynasty. Finally, we give two sets of sufficient conditions for non-cooperative equilibria of family decision problems to be efficient. These include the Barro and Becker model as a special case. |
| 主题 | Microeconomics ; Households and Firms ; Welfare and Collective Choice |
| URL | https://www.nber.org/papers/w10231 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/567860 |
| 推荐引用方式 GB/T 7714 | Mikhail Golosov,Larry E. Jones,Michele Tertilt. Efficiency with Endogenous Population Growth. 2004. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w10231.pdf（457KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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