TEL  Vol.5 No.4 , August 2015
Simple Analysis of Dynamic Efficiency in Endogenous Fertility
Author(s) Kazuki Hiraga
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.

Cite this paper
Hiraga, K. (2015) Simple Analysis of Dynamic Efficiency in Endogenous Fertility. Theoretical Economics Letters, 5, 541-544. doi: 10.4236/tel.2015.54063.
References
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