Asymptotic Age Structures and Intergenerational Trade

Gregory Ponthiere

PSE-Ecole d'économie de Paris (Postprint) from HAL

Abstract: While Lotka and Lopez proposed conditions on (exogenous) fertility and mortality laws under which populations with distinct initial age structures exhibit the same asymptotic age structure, this paper re-examines age-structure stabilization and convergence by considering a three-period overlapping generations model where fertility and longevity are determined by human capital accumulation and by intergenerational trade. It is shown that the age structure must converge asymptotically towards a stable structure, and that populations with distinct initial age structures end up with the same long-run age structure when fertility and mortality laws are converging, which requires converging intergenerational terms of trade.

Date: 2011-02
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Citations: View citations in EconPapers (6)

Published in Metroeconomica, 2011, 62 (1), pp.175-217. ⟨10.1111/j.1467-999X.2010.04105.x⟩

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Related works:
Journal Article: ASYMPTOTIC AGE STRUCTURES AND INTERGENERATIONAL TRADE (2011)
Working Paper: Asymptotic Age Structures and Intergenerational Trade (2011)
Working Paper: Asymptotic age structures and intergenerational trade (2009)
Working Paper: Asymptotic age structures and intergenerational trade (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:halshs-00754561

DOI: 10.1111/j.1467-999X.2010.04105.x

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