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has been cited by the following article:

• TITLE: Simple Analysis of Dynamic Efficiency in Endogenous Fertility

  AUTHORS: Kazuki Hiraga

  KEYWORDS: Dynamic (In)Efficiency, Overlapped Generations (OLG) Model, Endogenous Fertility

  JOURNAL NAME: Theoretical Economics Letters, Vol.5 No.4, August 17, 2015

  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.