Life-Cycles, Dynasties, Savings : Implications for Closed and Small, Open Economies /

This paper examines the macroeconomic implications of life-cycle and dynastic saving behavior for closed and small, open economies. Using an extended version of Blanchard's overlapping agents model, the analytical framework nests these two competing views, treating agents as either dynastic hou...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Faruqee, Hamid
Weitere Verfasser: Laxton, Douglas
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2000.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2000/126
Online Zugang:Full text available on IMF