An OLG model of growth with longevity: when grandparents take care of grandchildren

Luciano Fanti and Luca Gori ()

MPRA Paper from University Library of Munich, Germany

Abstract: By assuming that grandparents take care of grandchildren, in this paper we aim at studying the effects of longevity on economic growth in the basic OLG model with endogenous fertility. We show that a rise in longevity can actually reduce long-run growth. Moreover, we also find that an increasing longevity (i) increases the supply of labour by the young parents, and (ii) causes fertility either to increase of decrease depending on the size of the grandparental child rearing time.

Keywords: Longevity; OLG model (search for similar items in EconPapers)
JEL-codes: J13 J22 O41 (search for similar items in EconPapers)
Date: 2011-05-28
New Economics Papers: this item is included in nep-age, nep-dge, nep-fdg and nep-hea
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/31166/1/MPRA_paper_31166.pdf original version (application/pdf)

Related works:
Journal Article: An OLG model of growth with longevity: when grandparents take care of grandchildren (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:31166

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().