Lecture 2: Computing Stochastic Overlapping Generations Models with Social Security: Applications and Examples

Lecturer: Professor Selahattin Imrohoroglu

Location: Room 2203 Arts and Sociology Building

Lecture Time: Friday, September 12th, 11:00-12:30

• Social Security in an Overlapping Generations Economy with Land
  by A. Imrohoroglu, S. Imrohoroglu and D. Joines,
  Review of Economic Dynamics 2 638-665 (1999).
• solve1.f90 Fortran 90 program to solve OLG model with land described in paper above.
• comboeff.dat (Gary Hansen's age-labor efficiency index), an input file read by solve1.f90
• psurv.dat survival probabilities, the other input file read by solve1.f90
• Time-Inconsistent Preferences and Social Security by A. Imrohoroglu, S. Imrohoroglu and D. Joines, Quarterly Journal of Economics May, 2003.

• Readings for Lecture 1