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Inter-Generational Redistribution in an Endogenous Growth Model

Stephen Kosempel and Robin Banerjee

Economics Bulletin, 2005, vol. 5, issue 1, 1-6

Abstract: This paper applies the Blanchard overlapping generations model to examine the effects of inter-generational redistribution on aggregate growth. The results reveal that whether or not a change in policy causes growth rates to rise or fall depends in part on whether the government has chosen to distribute in favor of the young or old, and in part on household preferences.

JEL-codes: E6 H4 (search for similar items in EconPapers)
Date: 2005-01-03
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