Debt Commitment Housing And Family Allocation Of Time
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Are Fixed Effects Fixed?
Author | : Douglas W. Dwyer |
Publisher | : |
Total Pages | : 34 |
Release | : 1997 |
Genre | : Industrial productivity |
ISBN | : |
The Decomposition of Economic Relationships by Time Scale Using Wavelets
Author | : James Bernard Ramsey |
Publisher | : |
Total Pages | : 72 |
Release | : 1997 |
Genre | : Time-series analysis |
ISBN | : |
Housing Partnerships
Author | : Andrew Caplin |
Publisher | : MIT Press |
Total Pages | : 292 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : 9780262032438 |
Housing Partnerships: A New Approach to a Market at a Crossroads provides the blueprints of the Housing Partnership structure and the new opportunities it furnishes home owners, while explaining the economics behind the housing and mortgage markets and the financial risks in owning a home.
Government Debt and Social Security in a Life-cycle Economy
Author | : Mark Gertler |
Publisher | : |
Total Pages | : 50 |
Release | : 1997 |
Genre | : Debts, Public |
ISBN | : |
This paper develops a tractable overlapping generations model that is useful for analyzing both the short and long run impact of fiscal policy and social security. It modifies the Blanchard (1985)/Weil (1987) framework to allow for life/cycle behavior. This is accomplished by introducing random transition from work to retirement, and then from retirement to death. The transition probabilities may be picked to allow for realistic average lengths of life, work and retirement. The resulting framework is not appreciably more difficult to analyze than the standard Cass/Koopmans one sector growth model: Besides the capital stock, there is only one additional state variable: the distribution of wealth between workers and retirees. Under reasonable parameter values, government debt and social security have significant effects on capital intensity.
To Each According To--?
Author | : Raquel Fernandez (Ph.D.) |
Publisher | : |
Total Pages | : 56 |
Release | : 1997 |
Genre | : Capital market |
ISBN | : |