Macroeconomic model reference

Overlapping Generations Model

A two-period overlapping-generations framework linking saving, population growth, and capital accumulation across cohorts.

DSGE models · Sources

Overlapping Generations sources, papers, and evidence trail

Primary papers, model variants, source notes, and review signals behind the Overlapping Generations page.

Reference material used for orientation; read primary and academic sources first when claims conflict.

[S1] Reference
Samuelson (1958) -- An Exact Consumption-Loan Model of Interest, the original overlapping generations paper with fiat money.
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[S2] Reference
Diamond (1965) -- National Debt in a Neoclassical Growth Model, introduced capital accumulation into OLG and characterized dynamic efficiency.
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[S3] Reference
Blanchard (1985) -- Debt, Deficits, and Finite Horizons, the perpetual youth continuous-time OLG tractable for macro policy analysis.
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[S4] Reference
Auerbach and Kotlikoff (1987) -- Dynamic Fiscal Policy, the large-scale multi-period OLG model for applied tax and transfer analysis.
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[S5] Reference
Rios-Rull (1996) -- Life-Cycle Economies and Aggregate Fluctuations, stochastic OLG with realistic demographics.
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