Exhaustible Resource Substitution and Fertility Decision in an Overlapping Generations Model

N-M Hung and N-V Quyen

Working Papers from Laval - Recherche en Politique Economique

Abstract: In an overlapping generations model where the production requires two essential inputs, one of which is non-renewable, say oil, but could be replaced by an everlasting substitute, say solare (the backstop), capital accumulation and fertility decisions emerged from the optimizing behavior of economic agents are examined.

Keywords: FERTILITY; GROWTH RATE; ECONOMIC MODELS (search for similar items in EconPapers)
JEL-codes: J13 (search for similar items in EconPapers)
Pages: 23 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:fth:lavape:9626

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