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A Flexible Programming Model to Study Problems of Population Economics

  • Bernard M. S. van Praag
  • Menno P. Pradhan
Conference paper
Part of the Studies in Contemporary Economics book series (CONTEMPORARY)

Abstract

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.

Keywords

Utility Function Social Security Rate Premium Saving Ratio Labor Endowment 
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References

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Copyright information

© Springer-Verlag Berlin Heidelberg 1989

Authors and Affiliations

  • Bernard M. S. van Praag
    • 1
    • 2
  • Menno P. Pradhan
    • 1
    • 3
  1. 1.Econometric InstituteErasmus University RotterdamNetherlands
  2. 2.The HagueThe Netherlands
  3. 3.Erasmus University RotterdamThe Netherlands

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