Search Results - subject:"Overlapping Generations"

Social security policy with public debt in an aging economy

Ono, Tetsuo - In: Journal of Population Economics 16 (2003) 2, pp. 363-387

This paper analyzes a social security policy with public debt in an overlapping generations growth model. In particular …

Persistent link: https://www.econbiz.de/10005622318

Resource extraction activity: an intergenerational approach

Grilli, Luca - Dipartimento di Scienze Economiche, Matematiche e … - 2003

differential game in which players are overlapping generations of extractors, in this way both competition and intergenerational … equity are included in the model. An important feature of this model is that, since we consider overlapping generations …

Persistent link: https://www.econbiz.de/10005628763

Pensiones, crecimiento y envejecimiento de la población

Díaz, Julio López; Ridruejo, Zenón J. - In: Investigaciones Economicas 27 (2003) 2, pp. 343-367

Using a model with endogenous growth and overlapping generations as its base, this paper analyzes the relationship …

Persistent link: https://www.econbiz.de/10005813678

Rate-of-return dominance and efficiency in an experimental economy

Camera, Gabriele; Noussair, Charles; Tucker, Steven - In: Economic Theory 22 (2003) 3, pp. 629-660

identically marketable, dividend-bearing asset, a consol, is also available. Our experimental economies, which have an overlapping … generations structure, have the property that the only stationary rational expectations equilibria (SREE) require exclusive use of …

Persistent link: https://www.econbiz.de/10005596708

A two-sector overlapping generations model with heterogeneous capital

Farmer, Karl; Wendner, Ronald - In: Economic Theory 22 (2003) 4, pp. 773-792

Persistent link: https://www.econbiz.de/10005597821

Existence, uniqueness, and stability of equilibrium in an OLG economy

Wendner, Ronald - In: Economic Theory 23 (2003) 1, pp. 165-174

This paper presents sufficient conditions for the existence of a unique and globally stable steady state equilibrium for OLG economies with production. The conditions impose separate requirements on the utility and production functions. Moreover, the conditions do not require assumptions...

Persistent link: https://www.econbiz.de/10005753417

Overlapping generations models with realistic demography

Bommier, Antoine; Lee, Ronald D. - In: Journal of Population Economics 16 (2003) 1, pp. 135-160

This paper revisits the literature on overlapping generations models in the demographic context of a continuous age …

Persistent link: https://www.econbiz.de/10005760471

Aging Population and Education Finance

Gradstein, Mark; Kaganovich, Michael - C.E.P.R. Discussion Papers - 2003

Conventional wisdom suggests that aging of population will increase political pressure to tilt the composition of social spending in favour of the elderly, while potentially sacrificing other publicly provided goods such as education. This view seems to be supported by recent empirical findings...

Persistent link: https://www.econbiz.de/10005792248

Macroeconomic evolution after a shock: the role for financial intermediation

Vinogradov, Dmitri - EconWPA - 2003

An overlapping generations model with two production factors and two types of agents is considered in presence of …

Persistent link: https://www.econbiz.de/10005126268

Environmental tax policy in a model of growth cycles

Ono, Tetsuo - In: Economic Theory 22 (2003) 1, pp. 141-168

The purpose of this paper is to consider environmental taxation which would control emissions of firms in a model of growth cycles. In the model presented below, the economy may experience two phases of growth and environmental quality: “the no-innovation growth regime” and “the...

Persistent link: https://www.econbiz.de/10005155370