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LOLA 1.0: Luxembourg OverLapping generation model for policy Analysis

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Numéro36
DateMarch 2009
AuteurOlivier Pierrard and Henri R. Sneessens
RésuméWe build on the DSGE literature to propose an overlapping generation model for Luxembourg.By way of illustration, the model is then used to study the consequences of the ageing of the population and the potential effects of alternative macroeconomic policies.

Keywords: Overlapping Generations, Search Unemployment, Small open economy, Labor Force Participation, Ageing, Labor Market Policy and Institutions

JEL-Code: E24, H55, J26, J64

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