The rapid ageing of the population and the strong desires for working by the retired old has become a serious issue on the Japanese pension management. This paper suggests a partial solution for the issue in an overlapping generation framework. It is shown that providing the old with jobs rather...

Considerable public funding is provided for research and development intended to improve the management and use of shared natural resources, such as water. In Australia the Land and Water Research and Development Corporation (LWRRDC) and Environment Australia are significant providers of such...