Corporate How many cake-eaters? Chouette, on a du monde à dîner !
Pascal Favard () and
Cahiers du LASER (LASER Working Papers) from LASER (Laboratoire de Science Economique de Richter), Faculty of Economics, University of Montpellier 1
we use a cake-eating model with a non-renewable resource and a backstop technology to describe the intertemporal effect of a sudden increase of the population level, e.g. due to migration. The migrants enter an economy in which there is already surplus labor, and they receive transfers from "natives". These assumptions imply that the present discounted value of natives’ welfare falls. The counterintuitive result is that the flow of natives’ utility can increase at the time of the population change.
Keywords: NONRENEWABLE RESOURCES; CAKE-EATING MODELS; MIGRATION; COMPARATIVE DYNAMICS (search for similar items in EconPapers)
JEL-codes: F22 Q3 (search for similar items in EconPapers)
Pages: 15 pages
References: Add references at CitEc
Citations: Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:mop:lasrwp:2001.03
Access Statistics for this paper
More papers in Cahiers du LASER (LASER Working Papers) from LASER (Laboratoire de Science Economique de Richter), Faculty of Economics, University of Montpellier 1 LASER, Faculté d'Economie, Avenue Raymond Dugrand, CS 79606, 34960 MONTPELLIER Cedex 2, France. Contact information at EDIRC.
Bibliographic data for series maintained by Jean-Christophe POUDOU ( this e-mail address is bad, please contact ).