Overlapping generations model

Ebook "Generational accounting: Theory and application" gives a complete and up-to-date introduction to the theory and practice of the method. It reveals deficiencies of the original residual concept and discusses various measures of intergenerational redistribution based on the recent sustainability approach to generational accounting. An application using data on German public finances serves to provide an in-depth explanation and practical illustration of the technique.

269p loivantrinh 29-10-2023 5 3   Download

Lecture Money, Banking & Finance - Lecture 3: The Microfoundations of Money - Part 2. The following will be discussed in this chapter: Dissatisfaction with ad hoc formulation and MIUF approach, OLG - a theory of monetary exchange under Laissez Faire, Critical evaluation of OLG - purely a store of value, Intergenerational contracts, Legal restrictions, Another look at MIUF and CIA.

28p runordie1 10-05-2022 19 2   Download

In art, design and media education, learning from examples has been an established way to coach students. To derive greater benefits, teachers should get students to go beyond mere studying of examples. This paper focuses on engaging novice learners in collaborative critiquing of real examples of professional work and past student work in the context of producing an educational video project. While critiquing of such works is not new in art education, there is however scant literature on how to involve students in collaborative critiquing in an online environment involving video projects.

16p quenchua1 06-11-2019 21 2   Download

This paper is in line with a literature review of the ageing society, economic growth to provide a deeper understanding of whether ageing population diminishes or enhances economic growth. Firstly, the paper presents the causes of the negative effects of population ageing on economic growth. The paper reveals that lower fertility, longer life expectancy, low consumption and high public spending on health care lead to aggregate output growth decline in the long run.

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(BQ) The document Macroeconomics advanced (Fifth edition): Part 1 has contents: The solow growth model, endogenous growth, cross country income differences, real business cycle theory, nominal rigidity, infinite horizon and overlapping generations models. Invite you to refer.

327p thuongdanguyetan04 25-07-2019 25 4   Download

Extractive methods for multi-document summarization are mainly governed by information overlap, coherence, and content constraints. We present an unsupervised probabilistic approach to model the hidden abstract concepts across documents as well as the correlation between these concepts, to generate topically coherent and non-redundant summaries. Based on human evaluations our models generate summaries with higher linguistic quality in terms of coherence, readability, and redundancy compared to benchmark systems. ...

9p hongdo_1 12-04-2013 43 3   Download

We present a discriminative model that directly predicts which set of phrasal translation rules should be extracted from a sentence pair. Our model scores extraction sets: nested collections of all the overlapping phrase pairs consistent with an underlying word alignment. Extraction set models provide two principle advantages over word-factored alignment models. First, we can incorporate features on phrase pairs, in addition to word links. Second, we can optimize for an extraction-based loss function that relates directly to the end task of generating translations. ...

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This note presents the simplest overlapping generations model. The model is due to Diamond (1965), who built on earlier work by Samuelson (1958). Overlapping generations models capture the fact that individuals do not live forever, but die at some point and thus have finite life-cycles. Overlapping generations models are especially useful for analysing the macro-economic effects of different pension systems.

17p tuanloc_do 04-12-2012 64 4   Download

Chapter 9 Overlapping Generations Models This chapter describes the pure-exchange overlapping generations model of Paul Samuelson (1958). We begin with an abstract presentation that treats the overlapping generations model as a special case of the chapter 8 general equilibrium model with complete markets

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This book is concerned with the computational processing of 3D faces, with applications in human computer interaction. It is a discriplinary research area overlapping with computer vision, computer graphics, machine learning and HCI. Within the last 10 years, fast increase in performance of memory, display and processor speed has allowed the expansion of Computer Graphics. It has now overcome Image Processing in its achievement. In the 3D face field, the CG-generated faces are almost indiscernible from real faces. Still it requires manual drawing for each image and artistic skills.

145p batoan 04-08-2009 268 81   Download