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The Golden Rule and the Role of Government in a Life Cycle Growth Model


  • Ihori, Toshihiro


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  • Ihori, Toshihiro, 1978. "The Golden Rule and the Role of Government in a Life Cycle Growth Model," American Economic Review, American Economic Association, vol. 68(3), pages 389-396, June.
  • Handle: RePEc:aea:aecrev:v:68:y:1978:i:3:p:389-96

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    References listed on IDEAS

    1. Martin Neil Baily, 1974. "Wages and Employment under Uncertain Demand," Review of Economic Studies, Oxford University Press, vol. 41(1), pages 37-50.
    2. Barro, Robert J., 1977. "Long-term contracting, sticky prices, and monetary policy," Journal of Monetary Economics, Elsevier, vol. 3(3), pages 305-316, July.
    3. Azariadis, Costas, 1975. "Implicit Contracts and Underemployment Equilibria," Journal of Political Economy, University of Chicago Press, vol. 83(6), pages 1183-1202, December.
    4. Phelps, Edmund S., 1977. "Indexation issues: A comment on the blinder and Fischer papers," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 5(1), pages 149-168, January.
    5. Grossman, Herschel I, 1977. " Risk Shifting and Reliability in Labor Markets," Scandinavian Journal of Economics, Wiley Blackwell, vol. 79(2), pages 187-209.
    6. Martin S. Feldstein, 1975. "The Importance of Temporary Layoffs: An Empirical Analysis," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 6(3), pages 725-745.
    7. Robert E. Hall, 1975. "The Rigidity of Wages and the Persistence of Unemployment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 6(2), pages 301-350.
    8. Fischer, Stanley, 1977. "Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule," Journal of Political Economy, University of Chicago Press, vol. 85(1), pages 191-205, February.
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    Cited by:

    1. Buiter, Willem H, 1981. "Time Preference and International Lending and Borrowing in an Overlapping-Generations Model," Journal of Political Economy, University of Chicago Press, vol. 89(4), pages 769-797, August.
    2. Kuhle, Wolfgang, 2012. "Dynamic efficiency and the two-part golden rule with heterogeneous agents," Journal of Macroeconomics, Elsevier, vol. 34(4), pages 992-1006.
    3. Yew-Kwang Ng, 1992. "The older the more valuable: Divergence between utility and dollar values of life as one ages," Journal of Economics, Springer, vol. 55(1), pages 1-16, February.
    4. repec:ebl:ecbull:v:4:y:2002:i:7:p:1-10 is not listed on IDEAS
    5. de la Croix, David & Michel, Philippe, 1999. "National Debt Sustainability and the Dynamics in the Economy of Diamond," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 1999015, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    6. Hiraguchi, Ryoji & Shibata, Akihisa, 2015. "Taxing capital is a good idea: The role of idiosyncratic risk in an OLG model," Journal of Economic Dynamics and Control, Elsevier, vol. 52(C), pages 258-269.
    7. Mariusz Jarmuzek, 2005. "Are the EU new member states fiscally sustainable? An empirical analysis," UCL SSEES Economics and Business working paper series 51, UCL School of Slavonic and East European Studies (SSEES).
    8. Matteo Formenti, 2008. "Indicators and Tests of Sustainability: The Italian Case," Rivista di Politica Economica, SIPI Spa, vol. 98(6), pages 123-160, November-.
    9. Masaya Sakuragawa, "undated". "Bubble cycle," Working Papers e55, Tokyo Center for Economic Research.
    10. Partha Sen, 2005. "Debt Policy in a Competitive Two-Sector Overlapping Generations Model," Working papers 137, Centre for Development Economics, Delhi School of Economics.
    11. Li, Jinlu & Lin, Shuanglin, 2012. "Existence And Uniqueness Of Steady-State Equilibrium In A Generalized Overlapping Generations Model," Macroeconomic Dynamics, Cambridge University Press, vol. 16(S3), pages 299-311, November.

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