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1996 | OriginalPaper | Buchkapitel

Simulation Studies

verfasst von : Toshihiro Ihori

Erschienen in: Public Finance in an Overlapping Generations Economy

Verlag: Palgrave Macmillan UK

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This chapter summarizes several simulation studies on tax reform using multi-period overlapping generations models. Based on Summers (1981b), we first formulate a bench mark model in which many generations coexist at any instant. The quantitative relationship between savings and the interest rate is complex and depends on all of the other parameters in the model. Section 2 compares the simulation results of Summers with Evans (1983).

Metadaten
Titel
Simulation Studies
verfasst von
Toshihiro Ihori
Copyright-Jahr
1996
Verlag
Palgrave Macmillan UK
DOI
https://doi.org/10.1057/9780230389908_4