overlapping generation

Then we set up an overlapping generation model that has introduce postponing retirement policy, integrate the individual, business and government behavior to determine the optimal retirement age and insurance replacement rate that maximize the social welfare.

接下来建立了一个允许个人选择延迟退休的跨期叠代模型，在社会福利最大化下综合个人、企业以及政府的行为，确定最优延迟退休率以及最优的社会统筹养老保险替代率。

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I establish a two-sector Overlapping Generation model where capital goods are produced by two different technologies.

这里用到一个两行业代际模型，资本品由两个不同的技术生产。

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