Results 261 to 270 of about 271,775 (312)

Overlapping Generations Model of General Equilibrium [PDF]

, 1987
The consumption loan model that Paul Samuelson introduced in 1958 to analyse the rate of interest, with or without the social contrivance of money, has developed into what is without doubt the most important and influential paradigm in neoclassical general equilibrium theory outside of the Arrow—Debreu economy.
openaire   +2 more sources

Some of the next articles are maybe not open access.

Related searches:

Overlapping Generations: Methods, Models and Morphology

2023
The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didn't become the central workhorse model for macroeconomics. Introduced in 1958 by Paul Samuelson, the model postulates an infinite number of finite-lived families. This is in stark contrast to the more dominant neoclassical growth model, which
Spear, Stephen, Young, Warren
openaire   +1 more source

Overlapping-Generations Models

Mathematical Population Studies, 2009
The 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...
openaire   +1 more source

Overlapping generations models with realistic demography

Journal of Population Economics, 2003
This paper revisits the literature on overlapping generations models in the demographic context of a continuous age distribution and a general age schedule of mortality. We show that most of the static results known for the 3 or N age-group models can be extended to the continuous model.
Bommier, Antoine, Lee, Ronald
openaire   +4 more sources

Simulating Computable Overlapping Generations Models with TROLL

Computational Economics, 1998
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Docquier, Frédéric, Liégeois, Philippe   +1 more
openaire   +2 more sources

The overlapping generations model

2018
In discussing the life-cycle model, we focused on the individual-choice problem without taking into account the interaction between households, the production sector of the economy, and the government. In this chapter we take a broader perspective and embed the life-cycle model into a general equilibrium framework.
Hans Fehr, Fabian Kindermann
openaire   +1 more source

On stationary overlapping generations models

Economics Letters, 1983
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Okuno, Masahiro, Zilcha, Itzhak
openaire   +2 more sources

Overlapping Generations Model with Endogenous Labor Supply: General Formulation

Journal of Optimization Theory and Applications, 2006
This paper develops a one-sector overlapping generations model with endogenous labor supply and nonseparable preferences. It demonstrates that local indeterminacy arises easily under gross subistitutability as soon as there are multiple-steady states.
Venditti, Alain, Nourry, Carine
openaire   +3 more sources

Core Equivalence in an Overlapping Generations Model

Journal of Economic Theory, 1993
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Chae, Suchan, Esteban, Joan
openaire   +2 more sources