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This paper extends the model of overlapping generations with heterogeneous agents, allowing both classes (capitalist and worker) to hold a positive intergenerational capital stock. The main results were:(i)equilibrium interest rates that maximize the consumption and savings plans of working and...
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This paper expands Baranzini's (1991) approach by introducing the assumption of an open economy to a model of capital accumulation in an intergenerational framework. Our results show the importance of government activity and foreign trade interrelations in determining the path of the income...
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Poverty is a global problem associated with deprivation; it is marked by the lack of access to the minimum social needs for people's integration and well-being. This work aims to measure the relationships between multidimensional poverty and unidimensional poverty in Brazil from 2016 to 2022....
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