Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/208423 
Year of Publication: 
2000
Series/Report no.: 
Working paper No. 1-2000
Publisher: 
Copenhagen Business School (CBS), Department of Economics, Frederiksberg
Abstract: 
In the present paper the study of the welfare effects of endowment transfers is extended to the set of steady states of a general stationary overlapping generation model. A complete characterization of manipulations by coalitions and transfers which leads to welfare paradoxes is provided.
Subjects: 
Overlapping-generations models
manipulations
transfer paradox
Leontief effect
steady states
theory of duality
JEL: 
D51
D91
E32
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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