Solving dynamic inefficiency with politically sustainable guest worker programs

DOI10.1016/J.ECONLET.2016.09.002zbMath1396.91491OpenAlexW2513579716MaRDI QIDQ1672704

Armando R. Lopez-Velasco

Publication date: 11 September 2018

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2016.09.002

zbMATH Keywords

overlapping generationsdynamic inefficiencyMarkov perfectguest workers

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (1)

Social security as Markov equilibrium in OLG models: clarifications and some new insights

Cites Work

• The farm, the city, and the emergence of social security
• Assessing Dynamic Efficiency: Theory and Evidence
• Optimum Social Security in a Life-Cycle Growth Model

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