Dynamics of Economic System with Overlapping- Generation Model
Dinamika Sistem Ekonomi dengan Model Overlapping-Generation
dc.contributor.advisor | Nugrahani, Endar Hasafah | |
dc.contributor.advisor | Budiarti, Retno | |
dc.contributor.author | Ramahayu, Febrianti | |
dc.date.accessioned | 2013-04-03T02:11:35Z | |
dc.date.available | 2013-04-03T02:11:35Z | |
dc.date.issued | 2010 | |
dc.identifier.uri | http://repository.ipb.ac.id/handle/123456789/61908 | |
dc.description.abstract | This manuscript describes a modern macroeconomic model in discrete time so-called Overlapping-Generation Model. In general, modeling framework of Overlapping-Generation is assumed that each person lives for only two periods, i.e. he/she works in the first period and retires in the second. By maximizing lifetime utility, which depends on consumption in the two periods of life, there will exist a steady state condition. Steady state happens when capital per capita at the first and the second periods are equal. In the end, economics converges to a steady state. Some numerical simulations show the effects of some parameters to the steady state condition. | en |
dc.subject | Bogor Agricultural University (IPB) | en |
dc.title | Dynamics of Economic System with Overlapping- Generation Model | en |
dc.title | Dinamika Sistem Ekonomi dengan Model Overlapping-Generation |
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UT - Mathematics [1365]