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Rejuveniles are people who cultivate tastes and mind-sets traditionally associated with those younger than themselves. (Noxon, 2006) In this paper, we study a standard AK growth model of overlapping generations populated by rejuveniles. For our purposes, rejuveniles are old agents who derive...
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A trade union whose purpose is to raise wages above the competitive level may foster economic growth if it succeeds in shifting income away from the owners of capital to the workers and if the workers' marginal propensity to save exceeds the one of capitalists. We make this point in an...
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In this paper, we develop an overlapping generation model with imperfect competition and land to provide a theoretical foundation for some empirical observations made since the end of the 1970s. The problem is that these new “stylized facts” do not coincide with Kaldor’s stylized facts and...
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. Furthermore, by testing adolescents and adults, we examined the impact of age on this relation. Theory of mind is measured in a … behavior than adults indicating ongoing development of theory of mind in adolescence. -- theory of mind ; social preferences …Theory of mind and individual preferences are important determinants in social decision making. The current study …
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