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Asset Bubbles and Overlapping Generations
Econometrica, 1985The first part of this paper considers the interaction between productive and nonproductive savings in a growing economy. It employs an overlapping generations model with capital accumulation and various types of rents, and gives necessary and sufficient conditions for the existence of an aggregate bubble. The second part is a series of thoughts on the
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2006
Abstract This chapter describes the original Samuelson model, which invites the distinction between theoretical and practical applications of the model. Overlapping generation models operate in infinite time. Assuming three periods, a person who wants to save for retirement in the next period can lend to a person in the first period ...
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Abstract This chapter describes the original Samuelson model, which invites the distinction between theoretical and practical applications of the model. Overlapping generation models operate in infinite time. Assuming three periods, a person who wants to save for retirement in the next period can lend to a person in the first period ...
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Overlapping-Generations Models
Mathematical Population Studies, 2009The overlapping-generations (OLG) model was popularized by Paul Samuelson in 1958. 1 Instead of being representative and infinite-lived, agents are supposed to be born at different dates and to hav...
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Overlapping Generations and Environmental Control
Journal of Environmental Economics and Management, 1995zbMATH Open Web Interface contents unavailable due to conflicting licenses.
MARINI, GIANCARLO +1 more
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Generic determinacy among stationary overlapping generations
Economic Theory, 2021zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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2011
AbstractThis chapter presents a discrete time model, the overlapping generations (OLG) model. It starts by presenting the most classic OLG model, wherein each family lives over two periods and overlaps only with the previous family (when young) and the next one (when old).
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AbstractThis chapter presents a discrete time model, the overlapping generations (OLG) model. It starts by presenting the most classic OLG model, wherein each family lives over two periods and overlaps only with the previous family (when young) and the next one (when old).
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Overlapping Versus Non-overlapping Generations
2015In this chapter, we inspect well-known population genetics and social dynamics models. In these models, interacting individuals, while participating in a self-organizing process, give rise to the emergence of complex behaviors and patterns. While one main focus in population genetics is on the adaptive behavior of a population, social dynamics is more ...
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Quasilinear, Overlapping-Generations Economies [PDF]
, 1995 The quasilinearity assumption (informally speaking, the assumption that utility is linear in the numeraire good, or that income effects are absent from the demand of nonnumeraire goods) makes surplus analysis exact in economies where all agents are contemporaneous.
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Overlapping Generations Economies
2004In the present chapter overlapping generations economies (OG economies). are introduced and the demographic structure, the market structure as well as perfect foresight, rational expectations and the notion of equilibrium are discussed.
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Applied Psychological Measurement, 2014
This article proposed a new online test overlap control algorithm that is an improvement of Chen’s algorithm in controlling general test overlap rate for item pooling among a group of examinees. Chen’s algorithm is not very efficient in that not only item pooling between current examinee and prior examinees is controlled for but also item pooling ...
Shu-Ying Chen +3 more
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This article proposed a new online test overlap control algorithm that is an improvement of Chen’s algorithm in controlling general test overlap rate for item pooling among a group of examinees. Chen’s algorithm is not very efficient in that not only item pooling between current examinee and prior examinees is controlled for but also item pooling ...
Shu-Ying Chen +3 more
openaire +1 more source