Construct · 1 fields · 1 citations

perpetual youth model: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

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Macroeconomics

an overlapping generations model in which agents face a constant death probability, giving finite horizons that break Ricardian equivalence.

In macroeconomics, perpetual youth model refers to an overlapping generations model in which agents face a constant death probability, giving finite horizons that break Ricardian equivalence. This meaning comes from Blanchard (1985) in Journal of Political Economy.[1]

Unit
Recovery means
Measured by

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Nearby constructs

break2 fields · 4 citationsjingle · one word, two constructs constant2 fields · 2 citationsjingle · one word, two constructs equivalence1 fields · 1 citationsanchor · a standalone construct

References

Blanchard, O. J. (1985). Debt, Deficits, and Finite Horizons. Journal of Political Economy, 93(2), 223-247. https://doi.org/10.1086/261297

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