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Les modèles d'équilibre général calculable à générations imbriquées. Enjeux, méthodes et résultats

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  • Jacques Le Cacheux
  • Vincent Touzé

Abstract

The computable approach to general-equilibrium analysis has greatly benefited from explicitly accounting for the time and generational dimensions. This paper offers a critical survey of one particular branch of applied modeling, namely the computable, overlapping-generations, general-equilibrium models. We first review the issues that can meaningfully be raised within this framework, given currently foreseen demographic trends and current legislation. The following section presents the theoretical kernel of these models, and briefly surveys the major contributions to this literature since the early eighties, reviewing their calibration techniques and the simulation methods used. We then stress some important conclusions of these analysis with regard to public policies in such fields as retirement, taxation, public debt, as well as some implications of plausible future demographic evolutions.

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  • Jacques Le Cacheux & Vincent Touzé, 2002. "Les modèles d'équilibre général calculable à générations imbriquées. Enjeux, méthodes et résultats," Revue de l'OFCE, Presses de Sciences-Po, vol. 80(1), pages 87-113.
  • Handle: RePEc:cai:reofsp:reof_080_0087
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    Cited by:

    1. Gaël Dupont & Cyrille Hagneré & Vincent Touzé, 2003. "Les modèles de microsimulation dynamique dans l'analyse des réformes des systèmes de retraites : une tentative de bilan," Economie & Prévision, La Documentation Française, vol. 0(4), pages 167-191.
    2. Mouez Fodha & Patricia Le Maitre, 2007. "Transition démographique, chômage involontaire et redistribution intergénérationnelle : simulations dans un cadre d'équilibre général à générations imbriquées," Documents de travail du Centre d'Economie de la Sorbonne v07011, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    3. Vincent Touzé, 2011. "Le financement des retraites aux États-Unis. Impact de la crise et tendances de long terme," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(3), pages 63-112.
    4. Vincent Touzé, 2005. "Fiscal incidence of unfunded pension system: an analytical investigation," Documents de Travail de l'OFCE 2005-03, Observatoire Francais des Conjonctures Economiques (OFCE).
    5. Sabine Mage-Bertomeu, 2006. "Les modèles d'équilibre général appliqués à la politique commerciale : développements récents," Revue d'économie politique, Dalloz, vol. 116(3), pages 357-381.
    6. Tahar ABDESSALEM & Houyem CHEKKI CHERNI, 2016. "Tunisian Pension System Sustainability: Towards A Multidimensional Reform," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 44, pages 165-182.

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