A Flexible Programming Model to Study Problems of Population Economics
In this paper, a normative model is constructed in order to calculate optimal growth patterns for economics with arbitrary population development, arbitrary social welfare functions, production functions and social security systems. It turns out that in almost all cases an optimal growth pattern is not synonymous with full employment, except in the classical case of exponential population growth.
KeywordsUtility Function Social Security Rate Premium Saving Ratio Labor Endowment
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