External Habits Formation and the Environment
The present paper presents a standard overlapping generations model with external habits formation and environmental quality in the utility function. Our main objective is to study the impact of external habits on capital accumulation and environmental ...
Safi Fatma
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Can exit prizes induce lame ducks to shirk less? Experimental evidence
Elected representatives serving their final period face only weak incentives to provide costly effort. However, overlapping generations (OLG) models suggest that exit prizes sustained by trigger strategies can induce representatives in their final period
Leif Helland, Jon Hovi, Lars Monkerud
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The fast algorithm for computing all steady states in overlapping generations models [PDF]
Modern research often requires the use of economic models with multiple agents that interact over time. In this paper we research overlapping generations models, hereinafter OLG.
Alexey Zaytsev
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Evaluating an old-age voluntary saving scheme under incomplete rationality
We provide an ex ante welfare, fiscal and general macroeconomic evaluation of the voluntary old-age saving scheme recently introduced in Poland and known as Employee Capital Plans.
Artur Rutkowski
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General overlap functions [PDF]
The work has been supported by the Research Services of the Universidad Publica de Navarra, the research projects TIN2016-77356-P (AEI/FEDER, UE) and TIN2015-66471-P from the Government of Spain and by the Brazilian National Counsel of Technological and Scientific Development CNPq (Proc.
Laura De Miguel +6 more
openaire +4 more sources
Macroeconomic and generational impacts of fiscal devaluation: an application for the Brazilian case
Tax devaluation typically involves the reduction of social security contributions on the payroll with the increase of tax on consumption. This study evaluates the impact of fiscal devaluation in Brazil on consumption, capital, output and income ...
Carlos Eduardo de Freitas +1 more
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Climate Justice in an Intergenerational Sustainability Framework: A Stochastic OLG Model
Climate justice is conceived as the intertemporal climate equity and equality exchange amongst generations. Sustainability—intended as the interplay amongst the economy, the society, the environment, and the governance—is essential to forge the climate ...
Gianluigi Cisco, Andrea Gatto
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Non-random mating for selection with restricted rates of inbreeding and overlapping generations
Minimum coancestry mating with a maximum of one offspring per mating pair (MC1) is compared with random mating schemes for populations with overlapping generations. Optimum contribution selection is used, whereby ΔF is restricted.
Meuwissen Theo HE, Sonesson Anna K
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The Evolutionary Dynamics of a Sex-Structured Population with Non-Overlapping Generations
This paper proposes and studies a discrete-time model for a sex-structured population with non-overlapping generations under density-dependent regulation of survival.
Oksana Revutskaya +3 more
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Implications of an aging population on pension systems and financial markets
In this paper, we introduce a macroeconomic model of overlapping generations to analyze the impacts of the demographic changes as well as the interactions between pension system, bond and stock markets.
Tristan Nguyen, Ralf Stützle
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