LOLA 1.0: Luxembourg overLapping generation model for policy analysis

Olivier Pierrard and Henri Sneessens

No 36, BCL working papers from Central Bank of Luxembourg

Abstract: We build on the DSGE literature to propose an overlapping generation model for Luxembourg. By way of illustration, the model is then used to study the consequences of the ageing of the population and the potential effects of alternative macroeconomic policies.

Keywords: Overlapping Generations; Search Unemployment; Small open economy; Labor Force Participation; Ageing; Labor Market Policy and Institutions (search for similar items in EconPapers)
JEL-codes: E24 H55 J26 J64 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2009-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:bcl:bclwop:bclwp036

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