Showing 51 - 60 of 669
[fre] Une présentation simple des dynamiques complexes. . Sous sa forme la plus simple, le modèle à générations imbriquées utilise les propriétés dynamiques des évolutions non linéaires en dimension un. Dans l'étude de ce modèle, nous explorons systématiquement ces propriétés et...
Persistent link: https://www.econbiz.de/10008621201
In this paper, we study the equilibrium dynamics of an overlapping generations model with capital, money and cash-in-advance constraints. At each period, the economy can experience two different regimes: either the cash-inadvance constraint is binding and money is a dominated asset, or the...
Persistent link: https://www.econbiz.de/10008795153
This paper is devoted to the study of the Pareto-efficiency of the competitive equilibrium for an overlapping generations economy with endogenous fertility. Pareto-efficiency needs a reformulation when fertility is endogenous. Then it is proved that a competitive equilibrium that converges in...
Persistent link: https://www.econbiz.de/10008795175
This paper presents an overlapping generations model with altruistic consumers, in which pension funds, by holding a signi...cant share of capital assets, produce non competitive behavior. We study the consequences of such behavior on capital accumulation and welfare in the long run when...
Persistent link: https://www.econbiz.de/10008795548
This article is devoted to the study of the Pareto-efficiency of the competitive equilibrium for a simple overlapping generations economy with endogenous fertility. For CES utility and production functions, it is proved that the economic properties of the economy are closely related to the two...
Persistent link: https://www.econbiz.de/10008795658
We analyze the relationship between imperfect competition and capital accumulation in a dual economy, with traditional and modern sectors and two types of agents (workers and capitalists). Workers allocate their time endowment between the two sectors. Capitalists accumulate wealth in the modern...
Persistent link: https://www.econbiz.de/10008795769
We analyze the relationship between imperfect competition and capital accumulation in a dual economy, with traditional and modern sectors and two types of agents (workers and capitalists). Workers allocate their time endowment between the two sectors. Capitalistsaccumulate wealth in the modern...
Persistent link: https://www.econbiz.de/10008795891
Persistent link: https://www.econbiz.de/10008804364
Persistent link: https://www.econbiz.de/10008804861
Persistent link: https://www.econbiz.de/10009751740