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Equilibrium Dynamics in an Overlapping Generations Economy with Endogenous Labor Supply

Atsue Mizushima ()

No 06-27, Discussion Papers in Economics and Business from Osaka University, Graduate School of Economics

Abstract: This note develops a one-sector, two-period, overlapping generations model that incorporates endogenous labor-care choice. Care choice is modeled by allowing young agents to participate in the production of household health status. Using this model, we derive the steady-state equilibrium dynamics.

Keywords: care supply; equilibrium dynamics; household production (search for similar items in EconPapers)
JEL-codes: D13 J22 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2006-10
New Economics Papers: this item is included in nep-dge
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