Démographie et fluctuations économiques

Hippolyte d’Albis, Emmanuelle Augeraud-Véron and Marie Bessec
Authors registered in the RePEc Author Service: Hippolyte d'Albis

Revue économique, 2004, vol. 55, issue 3, 429-437

Abstract: This paper shows that a neoclassical model with standard assumptions but endowed with an explicit age structure of the population, converges to its balanced growth path with damped oscillations. It therefore reproduces a trend-reverting process with short run fluctuations that is displayed by the gross domestic product time series of most oecd countries. Classification JEL : D50, D90.

JEL-codes: D50 D90 (search for similar items in EconPapers)
Date: 2004
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