IDEAS home Printed from https://ideas.repec.org/a/ebl/ecbull/eb-14-00233.html
   My bibliography  Save this article

Long-run effects of capital market integration using OLG model

Author

Listed:
  • Philippe Darreau

    (University of Limoges)

  • François Pigalle

    (University of Limoges)

Abstract

Buiter (1981) illustrates that in the OLG model, the ranking of stationary utility levels under autarky and openness, is ambiguous. We show that both countries increase their stationary utility levels only if the autarky capital-labor ratios are on opposite sides of the golden rule.

Suggested Citation

  • Philippe Darreau & François Pigalle, 2014. "Long-run effects of capital market integration using OLG model," Economics Bulletin, AccessEcon, vol. 34(3), pages 1835-1845.
    • Handle: RePEc:ebl:ecbull:eb-14-00233
    as

    Download full text from publisher

    File URL: http://www.accessecon.com/Pubs/EB/2014/Volume34/EB-14-V34-I3-P169.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Philippe Darreau & François Pigalle, 2015. "Long-run effects of capital market integration using Solow's model," Economics Bulletin, AccessEcon, vol. 35(3), pages 1459-1468.
    2. Philippe Darreau & François Pigalle, 2015. "Long-run effects of capital market integration using Solow's model," Post-Print hal-01203591, HAL.

    More about this item

    Keywords

    Capital market integration; open economy; Global Imbalances; OLG model.;
    All these keywords.

    JEL classification:

    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • H6 - Public Economics - - National Budget, Deficit, and Debt

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-14-00233. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: John P. Conley (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.