Entry and growth in a perfectly competitive vintage model

2008 ◽  
Vol 138 (1) ◽  
pp. 211-236 ◽  
Author(s):  
Peter Funk
Keyword(s):  
Vintage Model

OPTIMAL INVESTMENT, EDUCATION, AND CONSUMPTION UNDER DEMOGRAPHIC CHANGES FOR A SMALL-OPEN ECONOMY

2009 ◽  
Vol 54 (01) ◽  
pp. 41-59 ◽  
Author(s):  
HOAN XUAN PHAM
Keyword(s):  
Open Economy ◽  
Optimal Path ◽  
Small Open Economy ◽  
Physical Capital ◽  
Optimal Investment ◽  
Current Time ◽  
Labor Ratio ◽  
Capital Labor Ratio ◽  
Current Consumption ◽  
Vintage Model

It is shown, using a vintage model of education which is developed in this paper, that given the assumptions of the model, the optimal path of investment in education is to keep the level of investment per student constant and the optimal path of investment in physical capital is to keep the capital-labor ratio constant over time. The pressure to reduce current consumption caused by population ageing is partly mitigated by the fact that a younger population, in the current time, is relatively more efficient in producing utility than an older one, in the future.

A Vintage Model of Terrorist Organizations

2012 ◽  
Vol 56 (4) ◽  
pp. 629-650 ◽  
Author(s):  
João Ricardo Faria ◽  
Daniel Arce
Keyword(s):  
Terrorist Organizations ◽  
Vintage Model

Capacity Utilisation in a Vintage Model of United Kingdom Manufacturing

1987 ◽  
pp. 79-116
Author(s):  
J. Ansar ◽  
A. Ingham ◽  
H. Leon ◽  
M. Toker ◽  
A. Ulph
Keyword(s):  
United Kingdom ◽  
Capacity Utilisation ◽  
Vintage Model
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