Arbeitspapier

Transfers and Gifts in OG Models: Monetary Steady States

In the present paper the study of the welfare effects of endowment transfers is extended to the set of steady states of a general stationary overlapping generation model. A complete characterization of manipulations by coalitions and transfers which leads to welfare paradoxes is provided.

Language
Englisch

Bibliographic citation
Series: Working paper ; No. 1-2000

Classification
Wirtschaft
Exchange and Production Economies
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Business Fluctuations; Cycles
Subject
Overlapping-generations models
manipulations
transfer paradox
Leontief effect
steady states
theory of duality

Event
Geistige Schöpfung
(who)
Ghiglino, Christian
Hansen, Bodil Olai
Tved, Mich
Event
Veröffentlichung
(who)
Copenhagen Business School (CBS), Department of Economics
(where)
Frederiksberg
(when)
2000

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Ghiglino, Christian
  • Hansen, Bodil Olai
  • Tved, Mich
  • Copenhagen Business School (CBS), Department of Economics

Time of origin

  • 2000

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