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Introduction -- A Brief Survey of the Literature -- The Closed Economy: The Solow Model -- Overlapping Generations -- Infinite Horizon -- The Small Open Economy: The Solow Model -- Overlapping Generations -- Two Countries: The Solow Model -- Synopsis -- Conclusion -- Result
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This book presents a new computational approach to solving large-scale Auerbach-Kotlikoff Overlapping Generations (OLG) models in a complementarity format. Unlike with integrated solution methods, the proposed decomposition algorithm allows for the solution of multi-regional and multi-sectoral...
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Today, the most pressing challenges for public economics are of macroeconomic nature: pensions, debt, income distribution, and fiscal sustainability. All these problems are compounded by the phenomenon of demographic transition and aging. This graduate textbook addresses these issues with the...
Persistent link: https://www.econbiz.de/10012397071
policy, and political economy. The book merges macroeconomic growth models with elements of political economic theory to …
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Progress -- 4 Economic Growth and Public Debt in the World Economy -- 5 "New" Growth Theory and Knowledge Externalities in … rich countries and policies to mitigate climate change are explored . The first part starts from the “old” growth theory … and bridges to the “new” growth theory (including R&D and human capital approaches). The second part presents an …
Persistent link: https://www.econbiz.de/10014016473
DICE-2013R and Other Integrated Assessment Models -- Consumer Sovereignty vs. Intergenerational Equity: An Overview of the Stern-Nordhaus Debate -- Intergenerational Discounting and Overlapping Generations Models -- Intergenerational Discounting in the DICE Model.
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, and politicians employ these behaviors, and what their social consequences are from an economic theory perspective. This … economics. Each topic can be seen as an application of simple economic theory to an unusual subject matter in economics. Thus …
Persistent link: https://www.econbiz.de/10012397238
-- Chapter 4: Right Based Approaches: Do Environmental Movements make a dent on Policy -- Chapter 5: Theory, Models and …
Persistent link: https://www.econbiz.de/10014019539