Professor Émile Blanchard

The Blanchard (1985) Model of Perpetual Youth

This handout analyzes a way to relax the standard assumption of infinite lifetimes in the Ramsey/Cass-Koopmans growth model. The trick, introduced by Blanchard (1985), is to assume that the economy is populated by agents who face a constant probability of death. Thus, an agent who has lived a thousand years is no more likely to die in the next year than an agent who was born yesterday. Time is ...

The Shrinking Middle Class ∗ Emily Blanchard

We develop a new model of trade in which educational institutions drive comparative advantage and determine the distribution of human capital within and across countries. Our framework exploits a multiplicity of sectors and the continuous support of human capital choices to demonstrate that freer trade can induce crowding out of the middle occupations towards the skill acquisition extremes in o...

Winsor , Major Professor Albert Choi , Minor Professor

Professor Bahram Peimani-Fard

Bahram Peimani-Fard was born in 1941, in Yazd, Iran, where he completed his elementary, and high school education. He received his M.Sc. degree in Soil and Water Engineering from the Faculty of Agriculture, Shiraz University. Then, he was employed in the Range Improvement and Forage Supply Organization, affiliated with the Ministry of Agriculture to collaborate with Mr. Kernik, the FAO expert...

PROFESSOR KARIM SAEI

Karim Saei was born in 1910, in Mashhad, north eastern Iran, where he got his diploma. He left behind his homeland for Karaj city to study at the Faculty of Agriculture of Tehran University. He passed his course very successfully and received his B.Sc. degree in 1931 followed by a scholarship to study for 2 years at Agronomic Institute in Montpellier, France. He graduated M.Sc. with excellent g...