Abstract

The effect of a change in the rate of population growth on the aggregate savings-income ratio and on the aggregate wealth-income ratio is evaluated in a life cycle model of capital accumulation and growth. It is shown that the former will increase and the latter will decrease when the rate of population growth increases.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call