Population growth and optimality

Pestieau, Pierre;Michel, Philippe
(1993) Journal of Population Economics — Vol. 6, n° 4, p. 353-362 (1993)

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Authors
  • Pestieau, PierreUliège
    Author
  • Michel, Philippe
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Abstract
This note gives the conditions under which there is an interior optimum rate of population growth in a two-generations-overlapping model. These conditions imply complementarity both in production and in consumption. They also validate Samuelson's serendipity theorem.
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Pestieau, P., & Michel, P. (1993). Population growth and optimality. Journal of Population Economics, 6(4), 353-362. https://doi.org/10.1007/BF00599043 (Original work published 1993)