Similar Search Results

Stabilizing Endogenous Fluctuations with Fiscal Policies: Global Analysis on Piecewise Continuous Dynamical Systems

Augeraud-Veron, E.; Augier, L. - In: Studies in Nonlinear Dynamics & Econometrics 5 (2001) 1

This paper considers a one-sector overlapping-generations model with production. We observe that under standard assumptions on preferences and technology, the perfect-foresight equilibrium violates positivity constraints for large sets of initial conditions. The consideration of the positivity...

Persistent link: https://www.econbiz.de/10014620842

Intergenerational Habits, Fiscal Policy, and Welfare

Velculescu, Delia - In: Contributions in Macroeconomics 4 (2004) 1

Abstract The present paper explores the fiscal policy implications of intergenerational habit formation in a Blanchard overlapping generations small open economy model. Three main conclusions emerge. (1) When individuals are finitely lived and have habits which they pass on to their descendants,...

Persistent link: https://www.econbiz.de/10014588360

Age Bias in Fiscal Policy: Why Does the Political Process Favor the Elderly?

Slavov, Sita Nataraj - In: Topics in Theoretical Economics 6 (2006) 1

Across countries, government expenditures tend to favor the elderly. This paper provides a political economy explanation for this phenomenon. I consider the classic problem of dividing a fixed payoff in an overlapping generations setting. Any share of the payoff can be given to any generation....

Persistent link: https://www.econbiz.de/10014589082

Rat Races and Glass Ceilings

Bardsley, Peter; Sherstyuk, Katerina - In: Topics in Theoretical Economics 6 (2006) 1

In an ongoing organization, such as a large law partnership firm, employees are motivated not only by current rewards but also by the prospect of promotion, and the opportunity to make the rules in the future. This leads to a recursive contract design problem in an overlapping generations...

Persistent link: https://www.econbiz.de/10014589086

On the Use of Projection Methods in the Computation of OLG Models / Zur Berechnung von OLG-Modellen mit Hilfe von Projektionsmethoden

Heer, Burkhard; Trede, Mark - In: Jahrbücher für Nationalökonomie und Statistik 220 (2000) 1, pp. 32-47

Summary We compare projection methods with the standard value function grid algorithm in order to solve overlapping generations models. We apply the methods to a particular 60-period OLG model with elastic labor supply in order to study the effects of unfunded public pensions on aggregate...

Persistent link: https://www.econbiz.de/10014608749

Superneutrality of Money under Open Market Operations

Homburg, Stefan - In: Review of Economics 66 (2015) 3, pp. 289-302

Abstract Monetary policy is superneutral in an overlapping generations model. Previous authors have argued that superneutrality does not hold in such a setting. However, the standard results rely on the counter-factual premise of helicopter money and are overturned if money creation through open...

Persistent link: https://www.econbiz.de/10014619326

The Satiation of Natural Curiosity

Schoeller, Felix - In: International Journal of Signs and Semiotic Systems (IJSSS) 5 (2016) 2, pp. 27-34

basic elements of a theory accounting for the influence of art on the cognitive system. A general bibliography is provided …

Persistent link: https://www.econbiz.de/10012048195

Internal organisational factors influencing corporate social and ethical reporting : Beyond current theorising

Adams, Carol A. - In: Accounting, Auditing & Accountability Journal 15 (2002) 2, pp. 223-250

Prior empirical research into factors which are influential in determining the extent and nature of corporate social reporting has primarily been concerned with the impact of corporate characteristics (such as size and industry grouping) or general contextual factors (such as the social,...

Persistent link: https://www.econbiz.de/10014640916

A literary theory perspective on accounting : Towards heteroglossic accounting reports

Macintosh, Norman B.; Baker, C. Richard - In: Accounting, Auditing & Accountability Journal 15 (2002) 2, pp. 184-222

This paper adopts a literary theory perspective to depict accounting reports and information as texts rather than as … economic commodities and so available for analysis from the vantage point of semiotic linguistic theory. In doing so it takes … dominant genres of literary theory – expressive realism, the new criticism, structuralism, and deconstructionism – to …

Persistent link: https://www.econbiz.de/10014640922

Accounting/art and the emancipatory project: some reflections

Gallhofer, Sonja; Haslam, Jim - In: Accounting, Auditing & Accountability Journal 9 (1996) 5, pp. 23-44

If we are concerned to develop an emancipatory accounting, and if we are sensitive towards the tendencies to ethnocentrism, chronocentrism and dogmatism, we can potentially gain insights from the social and critical theoretical analysis of any phenomena, whatever be their location in time and...

Persistent link: https://www.econbiz.de/10014641569