Modeling overlapping generations in a co
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Tobias N. Rasmussen; Thomas F. Rutherford
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Article
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2004
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Elsevier Science
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English
β 345 KB
This paper provides an introduction to numerical simulation of overlapping generations models with perfect foresight and ΓΏnite lifetimes. The exposition presents the fundamental characteristics of this class of problems, and GAMS programs illustrate how models can be formulated in applied research u