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Stephen Kosempel and Robindranath Banerjee
''Inter-Generational Redistribution in an Endogenous Growth Model''
( 2005, Vol. 5 No.1 )
This paper applies the Blanchard overlapping generations model to examine the effects of inter-generational redistribution on aggregate growth. The results reveal that whether or not a change in policy causes growth rates to rise or fall depends in part on whether the government has chosen to distribute in favor of the young or old, and in part on household preferences.
JEL: E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General
H4 - Publicly Provided Goods: General
Manuscript Received : Oct 20 2004 Manuscript Accepted : Jan 03 2005

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