Theoretical Economics Letters

Volume 5, Issue 4 (August 2015)

ISSN Print: 2162-2078   ISSN Online: 2162-2086

Google-based Impact Factor: 1.19  Citations  h5-index & Ranking

Simple Analysis of Dynamic Efficiency in Endogenous Fertility

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DOI: 10.4236/tel.2015.54063    2,913 Downloads   3,643 Views  
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ABSTRACT

This paper compares with two conditions of dynamic (in)efficiency, which is “traditional” and “modified” in overlapped generations (OLG) model with endogenous fertility. We show that both two conditions of dynamic efficiency have a bliss point which maximizes the utility at steady state in endogenous fertility.

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Hiraga, K. (2015) Simple Analysis of Dynamic Efficiency in Endogenous Fertility. Theoretical Economics Letters, 5, 541-544. doi: 10.4236/tel.2015.54063.

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