Population growth and optimality: when does serendipity hold?

Michel, P.; Pestieau, P.

Journal of Population Economics 6(4): 353-362

1993


ISSN/ISBN: 0933-1433
PMID: 12286865
DOI: 10.1007/bf00599043
Document Number: 332118
"This note gives the conditions under which there is an interior optimum rate of population growth in a two-generations-overlapping model. These conditions imply complementarity both in production and in consumption. They also validate Samuelson's serendipity theorem."

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Population growth and optimality: when does serendipity hold?