This paper employs a multi-country large-scale Overlapping Generations model with
uninsurable labor productivity and mortality risk to quantify the impact of the demographic …

The value of a future reward should be discounted where there is a risk that the reward will
not be realized. If the risk manifests itself at a known, constant hazard rate, a risk–neutral …

This paper studies an overlapping generations model with stochastic production and
incomplete markets to assess whether the introduction of an unfunded social security system …

This article analyzes the effects of differential tax treatment of married and single individuals
in the United States on marriage formation and composition, divorce, and labor supply. We …

This paper summarizes the contributions of microeconometrics to economic knowledge.
Four main themes are developed.(1) Microeconometricians developed new tools to respond …

This paper is concerned with the development of a calibration procedure for dynamic CGE
models for non-steady state situations. While the literature on calibration of dynamic models …

The paper presents a multisectoral CGE model with overlapping generations in which
intertemporal optimization by households and firms determines savings and investment …

In diesem Artikel wird ein Überblick über neuere Entwicklungen bei empirischen
allgemeinen Gleichgewichtsmodellen (EAG) gegeben, wobei walrasianische Modelle …

Brazilian PAYG system has been under financial stress and needs to be reformed. A com-
putational general equilibrium model with 55 overlapping generations is used to simulate …

The reforms initiated in Central and Eastern European countries imply dramatic changes at
social, economic and political level. The transition from a centrally planned to a market …