Download or read book The Computable Overlapping Generations Model with an Endogenous Growth Mechanism written by Akira Sadahiro and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We developed the Overlapping Generations model based on the endogenous growth theory, incorporating Human Capital Stock and conducted some simulations under the alternative population growth patterns and some sensitivity analysis with respect to some key parameters. The main results are as follows: 1) the endogenously determined growth rate of human capital offsets the negative population growth rates. 2) the individual has an incentive to allocate his/her time into schooling investment for accumulating his/her human capital in the phase of declining population growth. 3) there is a negative correlation between the growth rate of labor supply and human capital.