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オガワ タカユキ
OGAWA Takayuki
小川 貴之 所属 大阪経済大学 経済学部 経済学科 職種 教授 |
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言語種別 | 英語 |
発行・発表の年月 | 2009/02 |
形態種別 | その他 |
標題 | Distribution of Consumption and Wealth in an Overlapping-Generations Economy |
執筆形態 | 単著 |
掲載誌名 | Osaka University of Economics Working Paper Series, No. 2008-6 |
著者・共著者 | Takayuki Ogawa |
概要 | Using an overlapping-generations model, this paper examines how the intergenerational distribution of consumption, welfare, and financial wealth is affected by public debt issues and social security systems. I show that an intergenerational gap in consumption and welfare is narrowed when the scale of the policies is sufficiently small, but that it is widened in the case of relatively large scales. I also show that depending on the scale of the policies, the position of individual financial wealth relative to the economy’s average follows either a hump-shaped path or a monotonically increasing path. |