Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 20 of 36 for “"Overlapping Generations"”.
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Equilibria in overlapping generations models
… the future. Capturing this dynamic feature, the overlapping generations model is particularly suitable to address the interest rate problem, as has been shown by Paul Samuelson, David Gale and Costas Azariadis. This thesis reviews their contribution to the theory of interest: with his …
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Population ageing, longevity and migration: an overlapping generations approach
… The theoretical analysis is developed using Overlapping Generations Models (OLG). The thesis is divided in the following four chapters: 1) “A Model for Determining Consumption and Social Assistance Demand in Uncertainty Conditions”, focuses on the relation between demographic impact and …
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A public durable good/bad theory in an overlapping generations economy
… horizon of the actor. Thus, a very simple overlapping generations economy is modeled in which the agent lives for two periods while the public durable good/bad lasts indefinitely with deterioration/amelioration. Pareto optimality, the Lindahl equilibrium, and the theory of voluntary …
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Genetic effects of persistent population bottlenecks on long-lived organisms with overlapping generations
… under a simplifying assumption of discrete generations, thus creating complexities when applying the models to long-lived organisms. This study developed an overlapping-generation model to study the genetic consequence of bottlenecks in long-lived organisms. This model is implemented in a …
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Jünger Can't Borrow: Demographic Imbalances and Currency Risk Premia
… explaining this fact, I develop a two-country overlapping generations model to study the relationship between the global wealth distribution and currency risk premia. Relatively wealthy countries in the model have low currency risk premia because their bonds insure wealthy households against …
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Life History and Secondary Production of Caenis latipennis Banks (Ephemeroptera: Caenidae) in Honey Creek, Oklahoma
… exhibited a multivoltine life cycle with four overlapping generations. Secondary production was 6,052.57 mg/m2/yr.
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Essays on redistributive fiscal policies and macroeconomics
… New Keynesian model with heterogeneous overlapping generations which allows for arbitrary MPC heterogeneity. I characterize the output multipliers of fiscal transfers, and show that the role of MPCs is mainly to determine the timing of the fiscal stimulus. The relation between this …
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The Life History and Contributions to the Ecology of Camelobaetidius variabilis Wiersema 1998 (Ephemeroptera: Baetidae) in Honey Creek, Oklahoma
… exhibited a multivoltine life cycle with six overlapping generations.
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Three essays on inequality
… accumulation. The first essay presents an overlapping generations model with three different occupational choices: full-time manager, self-employed or worker, and frictions in the labor market due to labor protection policies. The model shows that labor market frictions can explain …
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Essays on Demographics and International Macroeconomics
… capital flows. The first chapter employs an overlapping generations model to dissect how factors like fertility rates and longevity impact capital flows leading to cross-country fiscal spillovers. The second chapter uses panel data from 46 advanced and emerging economies to validate these …
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Pensions reforms, redistribution and welfare
… differing economic conditions. We use a standard overlapping generations model with heterogeneous agents to address the various questions. The role of the pensions system varies between consumption smoothing and redistribution, or a combination of both. The provision of pensions, whether universal …
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Essays on public pension systems, with special reference to China
… More importantly, by applying a calibrated overlapping generations general equilibrium simulation model, it investigates the impact of the demographic changes and the choice of pension system to the individual choices and macroeconomic variables in the future. As with all social insurance …
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Demographic Changes and Regional Economy: Simulation Results From the Chicago CGE Model
… equilibrium (CGE) model, combined with an overlapping generations (OLG) framework. The first finding is that the aging population has significant negative impacts on Chicago economy, which are quite similar to the results found in the previous studies at the national level. However, the …
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Essays on institutions for financial stability
… financial stability. The first essay studies an overlapping generations model of a risky asset market in which some agents face a participation cost. Market participation, by affecting the size of the pool of potential holders of the risky asset, determines the liquidity of the asset market. This …
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Demographic Change, Social Security, and Lifetime Decision Making
In the first chapter of my thesis, I build a two period OLG model with a realistic demographic structure, an endogenous retirement age, a state dependent utility from consumption specification, a unique and intuitive disutility of labor function, and a pay as you go (PAYG) social security system to …
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Essays in Economic *Growth and Asset Pricing
… chapter 4, we use a continuous-time stochastic overlapping generations model to explain cross-section variability in real interest rates. We find that agents with a higher life expectancy accept a lower return on the risk-free asset. Moreover, agents with relatively large share of wealth …
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Four essays in financial economics
… with the riskness of human capital. I built an overlapping generations model to address the following issues: 1) what types of laborers get to work in conventional firms versus in labor intermediation firms? 2) how will the labor intermediation business be endogenously determined in equilibrium? …
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Forward-looking bidders in sequential auctions
… a model of a long-lived monopolist facing overlapping generations of forward-looking buyers. When the seller learns about the current auction-market demand from past prices, bargain-hunting poses not only the obvious cost of a lower average revenue, but it also provides a benefit to the …
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Sustainability and economic policy analysis
… should be allowed to deplete. Chapter I uses overlapping-generations models to show the effects of different assumptions about which generation owns the stock of a natural resource on the distribution of intergenerational welfare. An increase in the share of the resource stock that is owned by …
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Personal wealth in South Africa: Facts about its distribution and the forces behind its redistribution
… of a computable general equilibrium model with overlapping generations. Three groups are modeled--a rich group, a middle class, and a poor group. A government implements three possible redistributive policy measures. First, the tax on the capital income which accrues to the two more affluent …
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