Search Results - subject:"Overlapping Generations"

Destabilizing effects of bank overleveraging on real activity : an analysis based on a threshold MCS-GVAR

Groß, Marco; Henry, Jérôme; Semmler, Willi - 2017

We investigate the consequences of overleveraging and the potential for destabilizing effects from financial- and real-sector interactions. In a theoretical framework, we model overleveraging and indicate how a highly leveraged banking system can lead to unstable dynamics and downward spirals....

Persistent link: https://www.econbiz.de/10011664003

Life expectancy and claiming behavior in a flexible pension system

Brinch, Christian N.; Fredriksen, Dennis; Vestad, Ola … - 2017

Persistent link: https://www.econbiz.de/10011666549

Redistributive consequences of abolishing uniform contribution policies in pension funds

Chen, Damiaan H. J.; Wijnbergen, Sweder van - 2017 - This version: November 24, 2017

fair system. We first analyze a stylized model with three overlapping generations to show the intuition behind these … effects. Then, we quantify these effects in a more detailed model with multiple overlapping generations, realistic parameters …

Persistent link: https://www.econbiz.de/10011772932