Life-cycle savings, bequest, and a diminishing impact of scale on growth

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Standard

Life-cycle savings, bequest, and a diminishing impact of scale on growth. / Dalgaard, Carl-Johan Lars; Jensen, Martin Kaae.

I: Journal of Economic Dynamics and Control, Bind 33, Nr. 9, 2009, s. 1639-1647.

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt

Harvard

Dalgaard, C-JL & Jensen, MK 2009, 'Life-cycle savings, bequest, and a diminishing impact of scale on growth', Journal of Economic Dynamics and Control, bind 33, nr. 9, s. 1639-1647. https://doi.org/10.1016/j.jedc.2009.03.002

APA

Dalgaard, C-J. L., & Jensen, M. K. (2009). Life-cycle savings, bequest, and a diminishing impact of scale on growth. Journal of Economic Dynamics and Control, 33(9), 1639-1647. https://doi.org/10.1016/j.jedc.2009.03.002

Vancouver

Dalgaard C-JL, Jensen MK. Life-cycle savings, bequest, and a diminishing impact of scale on growth. Journal of Economic Dynamics and Control. 2009;33(9):1639-1647. https://doi.org/10.1016/j.jedc.2009.03.002

Author

Dalgaard, Carl-Johan Lars ; Jensen, Martin Kaae. / Life-cycle savings, bequest, and a diminishing impact of scale on growth. I: Journal of Economic Dynamics and Control. 2009 ; Bind 33, Nr. 9. s. 1639-1647.

Bibtex

@article{2b3e2dc036fb11de87b8000ea68e967b,
title = "Life-cycle savings, bequest, and a diminishing impact of scale on growth",
abstract = "The present paper shows that the savings motive critically affects the size and sign of scale effects in standard endogenous growth models. If the bequest motive dominates, the scale effect is positive. If the life-cycle motive dominates, the scale effect is ambiguous and may even be negative.",
keywords = "Faculty of Social Sciences, overlapping generations, scale effects, endogenous growth",
author = "Dalgaard, {Carl-Johan Lars} and Jensen, {Martin Kaae}",
note = "JEL classification: O41, O57",
year = "2009",
doi = "10.1016/j.jedc.2009.03.002",
language = "English",
volume = "33",
pages = "1639--1647",
journal = "Journal of Economic Dynamics and Control",
issn = "0165-1889",
publisher = "Elsevier",
number = "9",

}

RIS

TY - JOUR

T1 - Life-cycle savings, bequest, and a diminishing impact of scale on growth

AU - Dalgaard, Carl-Johan Lars

AU - Jensen, Martin Kaae

N1 - JEL classification: O41, O57

PY - 2009

Y1 - 2009

N2 - The present paper shows that the savings motive critically affects the size and sign of scale effects in standard endogenous growth models. If the bequest motive dominates, the scale effect is positive. If the life-cycle motive dominates, the scale effect is ambiguous and may even be negative.

AB - The present paper shows that the savings motive critically affects the size and sign of scale effects in standard endogenous growth models. If the bequest motive dominates, the scale effect is positive. If the life-cycle motive dominates, the scale effect is ambiguous and may even be negative.

KW - Faculty of Social Sciences

KW - overlapping generations

KW - scale effects

KW - endogenous growth

U2 - 10.1016/j.jedc.2009.03.002

DO - 10.1016/j.jedc.2009.03.002

M3 - Journal article

VL - 33

SP - 1639

EP - 1647

JO - Journal of Economic Dynamics and Control

JF - Journal of Economic Dynamics and Control

SN - 0165-1889

IS - 9

ER -

ID: 12122865