Trend-reverting fluctuations in the life-cycle model

Trend-reverting fluctuations in the life-cycle model

The Triangular Life Cycle Model

Everyone knows that the waterfall life cycle model suffers from a number of problems but in spite of this, it continues to be the most widely used life cycle model. This paper argues that many of these problems stem from project management best practices that are inappropriately applied in the waterfall model. A different life cycle approach is proposed that emphasise the product life cycle rat...

The Life-Cycle Policy model

Our daily life activity leaves digital trails in an increasing number of databases (commercial web sites, internet service providers, search engines, location tracking systems, etc). Personal digital trails are commonly exposed to accidental disclosures resulting from negligence or piracy and to ill-intentioned scrutinization and abusive usages fostered by fuzzy privacy policies. No one is shel...

the test for adverse selection in life insurance market: the case of mellat insurance company

انتخاب نامساعد یکی از مشکلات اساسی در صنعت بیمه است. که ابتدا در سال 1960، توسط روتشیلد واستیگلیتز مورد بحث ومطالعه قرار گرفت ازآن موقع تاکنون بسیاری از پژوهشگران مدل های مختلفی را برای تجزیه و تحلیل تقاضا برای صنعت بیمه عمر که تماما ناشی از عدم قطعیت در این صنعت میباشد انجام داده اند .وهدف از آن پیدا کردن شرایطی است که تحت آن شرایط انتخاب یا کنار گذاشتن یک بیمه گزار به نفع و یا زیان شرکت بیمه ...

Business cycle fluctuations and the life cycle: How important is on-the-job skill accumulation?

We study the e¤ects of on-the-job skill accumulation on average hours worked by age and the volatility of hours over the life cycle in a calibrated general equilibrium model. Two forms of skill accumulation are considered: learning by doing and on-the-job training. In our economy with learning by doing, individuals supply more labor early in the life cycle and less as they approach retirement t...