overlapping generations models造句
例句与造句
- The overlapping generations model is now a workhorse in modern macroeconomics and monetary economics.
- Much of the work leading up to this paper focused on the overlapping generations model:
- This argumentation can be found in the composition of taxation in overlapping generation models, e . g.
- Further, even if these ideal conditions hold, the First Welfare Theorem fails in an overlapping generations model.
- In 2002, he published with overlapping generations models as a tool to study economic growth, dynamics and policy.
- It's difficult to find overlapping generations models in a sentence. 用overlapping generations models造句挺难的
- These include overlapping generations models, growth models with externalities or taxes, and models in which asset markets were incomplete.
- In mathematical economics, Balasko has worked on general equilibrium theory, the overlapping generations model and the theory of incomplete asset markets.
- Shell also made important contributions to the overlapping generations literature ( and was perhaps the first to refer to the overlapping generations model by its modern name ).
- It has been used to characterize a variety of models including the cobweb model, the overlapping generations model, game theory, schedule optimization and asset pricing.
- A major feature which sets overlapping generations models in economics apart from the standard model with a finite number of infinitely lived individuals is that the First welfare theorem might not hold, that is competitive equilibria may be not be Pareto optimal.
- The early impetus for Cass s interest in this topic stemmed from work he did with Manny Yaari on overlapping generations models, and from his early acquaintance with Bob Lucas at Carnegie Mellon and Lucas s seminal work on rational expectations in dynamic economic models.
- He was also famous for the " Cass criterion " for overlapping generations models and in the neoclassical growth model, and his work, together with Karl Shell, on the influence of extrinsic uncertainty on economic equilibria, also known as the concept of portfolio theory.
- Karl Shell, its editor, said Tuesday that Lucas'contribution was built on " three giant predecessors : the notion of rational expectations itself, which had been introduced by John Muth; the overlapping generations model of Paul Samuelson; and an early use of the idea of asymetric information from the island model of Edmund Phelps ."