Distribution of the fittest individuals and the rate of Muller's ratchet in a model with overlapping generations. [PDF]
Muller's ratchet is a paradigmatic model for the accumulation of deleterious mutations in a population of finite size. A click of the ratchet occurs when all individuals with the least number of deleterious mutations are lost irreversibly due to a ...
Jakob J Metzger, Stephan Eule
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Fiscal Policy as a Solution to Involuntary Unemployment
We show the existence of involuntary unemployment based on consumers’ utility maximization and firms’ profit maximization behavior under monopolistic competition with increasing, decreasing or constant returns to scale technology using a three-periods ...
Yasuhito Tanaka
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Role of Human Capital Accumulation in the Adoption of Sustainable Technology: An Overlapping Generations Model with Natural Resource Degradation [PDF]
We develop an economic model to derive the conditions under which individuals will invest in human capital and move on to adopt sustainable technology instead of natural resource-intensive technology.
Shilpy Verma and Md. Raghib Nadeem
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Simple and complex dynamics in the model of evolution of two populations coupled by migration with non-overlapping generations [PDF]
Purpose is to study the mechanisms leading to genetic divergence (stable genetic differences between two adjacent populations). We considered the following classical model situation. Populations are panmictic with Mendelian rules of inheritance.
Kulakov, Matvej Pavlovich +1 more
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This paper analyzes the effects of an unfunded pension system on economic growth using an extended overlapping generations model to include the informal sector. Emerging countries usually have a more significant informal sector than advanced ones.
NAVARAT TEMSUMRIT
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The Impact of Fertility Rate on the Sustainability of the Pension System in the Framework of Two-Period Overlapping Generations Model: The Case of Iran [PDF]
In recent years, falling birth rate and rising life expectancy in many countries have led to the population aging which has brought about some problems. One of these problems is the negative impact of this phenomenon on the sustainability of the pension ...
Morteza Khorsandi, Ali Afsari
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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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Continuous-Time Overlapping Generations Models [PDF]
Age structured populations are studied in economics through overlapping generations models. These models allow for a realistic characterization of life-cycle behaviors and display intertemporal equilibrium that are not necessarily efficient. This article uses the latest developments in continuous time overlapping generations models to show the ...
d'Albis, Hippolyte +1 more
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Economic Consequences of Population Aging for Iranian economy :Application of General Equilibrium Overlapping Generations Model [PDF]
Population aging was one of the most important concerns of the last century all over the world. In this study, in order to investigate the effect of demographic changes on some macroeconomic variables, Diamond two-stage overlapping generation model (OLG ...
Zahra Kashanian +2 more
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Necessity of Budget Deficit Under Economic Growth in Monopolistic Competition
The aim of the paper is to show, using a simple two-period overlapping generations model in which goods are produced solely by labour in a monopolistically competitive industry, that a continuous budget deficit (including the interest payments on ...
Tanaka Yasuhito
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