演講者簡介 : Prof. Kazuo Mino 為Ph.D. in Economics, Brown University（1984）。
曾任東北、神戶大學教授，現任大阪大學教授、Journal of Macroeconomics 編輯委員及Japanese Economic Review主編。
其主要研究領域為Macroeconomics及Economic Dynamics。
演講摘要 : This paper explores the role of consumption externalities in an overlapping generations economy with capital accumulation. If consumers in each generation are concerned with other agents’ consumption behaviors, there exist intergenerational as well as intragenerational consumption externalities. It is the presence of intergenerational consumption externalities that may produce fundamental effects both on equilibrium dynamics and on steady-state characterization of the economy. This paper demonstrates this fact in the context of a simple model of endogenously growing, overlapping-generations economy with or without asset bubbles.
