Life-cycle saving and comparative advantage in the long run

Kiminori Matsuyama*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

6 Scopus citations


This paper reformulates Findlay's (1970) analysis by solving for life-cycle saving explicitly. The key parameters are the rate of population growth and the consumer's discount factor. It is shown that Findlay's result carries over even after the effect of population growth on the saving rate is taken into account.

Original languageEnglish (US)
Pages (from-to)375-379
Number of pages5
JournalEconomics Letters
Issue number4
StatePublished - Jan 1 1988

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance

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