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Capital maintenance Vs technology adoption under embodied technical progress

BOUCEKKINE, Raouf; MARTINEZ, Blanca; SAGLAM, Cagri - Center for Operations Research and Econometrics (CORE), … - 2006

We study an optimal growth model with one-hoss-shay vintage capital, where labor resources can be allocated freely either to production, technology adoption or capital maintenance. Technological progress is partly embodied. Adoption labor increases the level of embodied technical progress....

Persistent link: https://www.econbiz.de/10005042981

Human capital accumulation and the transition from specialization to multi-tasking

BOUCEKKINE, Raouf; CRIFO, Patricia - Center for Operations Research and Econometrics (CORE), … - 2003

This paper provides theoretical foundations to the contemporaneous increase in computer usage, human capital and multi-tasking observed in many OECD countries during the 1990s. The links between work organization, technology and human capital is modelled by establishing the conditions under...

Persistent link: https://www.econbiz.de/10005043551

Debt, liquidity and dynamics

POLEMARCHAKIS, Heracles M.; ROCHON, Céline - Center for Operations Research and Econometrics (CORE), … - 1999

Money, which provides liquidity services, is distinct from debt. The introduction of a bank that issues money in exchange for debt and pays out its profit as dividend to shareholders modifies the model of overlapping generations. The set of equilibrium paths, their dynamic properties, as well as...

Persistent link: https://www.econbiz.de/10005043640

UNCAPACITATED PLANT LOCATION UNDER ALTERNATIVE SPATIAL PRICE POLICIES

HANJOUL, P.; HANSEN, P.; PEETERS, D.; THISSE, J-F. - Center for Operations Research and Econometrics (CORE), … - 1988

Persistent link: https://www.econbiz.de/10005779405

Inequality aversion and separability in social risk evaluation

FLEURBAEY, Marc; ZUBER, Stéphane - Center for Operations Research and Econometrics (CORE), … - 2011

This paper examines how to satisfy a separability condition related to “independence of the utilities of the dead” (Blackorby et al., 1995; Bommier and Zuber, 2008) in the class of “expected equally distributed equivalent” social orderings (Fleurbaey, 2010). It also inquires into the...

Persistent link: https://www.econbiz.de/10010610452

ANTICIPATION AND THE AGGREGATION OF SECTOR-SPECIFIC RISKS.

DONALDSON, J.; DUTTA, J. - Center for Operations Research and Econometrics (CORE), … - 1989

Persistent link: https://www.econbiz.de/10005779463

Second-Best Insurance Contract Design in an Incomplete Market.

Gollier, C.; Schlesinger, H. - Center for Operations Research and Econometrics (CORE), … - 1992

Persistent link: https://www.econbiz.de/10005779480

Competing Risk Models: Problems of Modelling and of Identification.

Mouchart, M.; Rolin, J.M. - Center for Operations Research and Econometrics (CORE), … - 1995

Persistent link: https://www.econbiz.de/10005779481

Voluntary contributions with uncertainty: the environmental quality.

JOUVET, Pierre-André - Center for Operations Research and Econometrics (CORE), … - 1998

certain what effects will result from a reduction of pollution. We show that if an agent is sufficiently risk averse … has two possible consequencies which depend on agent risk aversion. Therefore, understanding the implication of … precautionary attitude, leads us to the consideration of the agents' risk aversion characterization and studying the effect of an …

Persistent link: https://www.econbiz.de/10005042991

Optimal tax policy and expected longevity: a mean and variance approach

LEROUX, Marie-Louise; PONTHIERE, Grégory - Center for Operations Research and Econometrics (CORE), … - 2008

This paper studies the normative problem of redistribution between agents who can influence their survival probability through private health spending, but who differ in their attitude towards the risks involved in the lotteries of life to be chosen. For that purpose, we develop a two-period...

Persistent link: https://www.econbiz.de/10005043161