A multi-regional view on aging societies accounting for the existence of non-tradable goods

This thesis assesses the question, whether accounting for non-tradable goods sectors in a calibrated Auerbach-Kotlikoff multi-regional overlapping-generations-model significantly affects this model’s results when simulating the economic impact of demographic change. Non-tradable goods constitute a major part of up to 80 percent of GDP of modern economies. At the same time, multi-regional overlapping-generations-models presented by literature on demographic change so far ignored their existence and counterfactually assumed perfect tradability between model regions. Moreover, this thesis introduces the assumption of an increasing preference share for non-tradable goods of old generations. This fact-based as-sumption is also not part of models in relevant literature. rnThese obvious simplifications of common models vis-à-vis reality notwithstanding, this thesis concludes that differences in results between a model featuring non-tradable goods and a common model with perfect tradability are very small. In other words, the common simplifi-cation of ignoring non-tradable goods is unlikely to lead to significant distortions in model results. rnIn order to ensure that differences in results between the ‘new’ model, featuring both non-tradable and tradable goods, and the common model solely reflect deviations due to the more realistic structure of the ‘new’ model, both models are calibrated to match exactly the same benchmark data and thus do not show deviations in their respective baseline steady states.rnA variation analysis performed in this thesis suggests that differences between the common model and a model with non-tradable goods can theoretically be large, but only if the bench-mark tradable goods sector is assumed to be unrealistically small.rnFinally, this thesis analyzes potential real exchange rate effects of demographic change, which could occur due to regional price differences of non-tradable goods. However, results show that shifts in real exchange rate based on these price differences are negligible.rn

Algebraische Beschreibung von Symmetrien: das Modell der Nichtkommutativen Multi-Tori

In der Nichtkommutativen Geometrie werden Räume und Strukturen durch Algebren beschrieben. Insbesondere werden hierbei klassische Symmetrien durch Hopf-Algebren und Quantengruppen ausgedrückt bzw. verallgemeinert. Wir zeigen in dieser Arbeit, daß der bekannte Quantendoppeltorus, der die Summe aus einem kommutativen und einem nichtkommutativen 2-Torus ist, nur den Spezialfall einer allgemeineren Konstruktion darstellt, die der Summe aus einem kommutativen und mehreren nichtkommutativen n-Tori eine Hopf-Algebren-Struktur zuordnet. Diese Konstruktion führt zur Definition der Nichtkommutativen Multi-Tori. Die Duale dieser Multi-Tori ist eine Kreuzproduktalgebra, die als Quantisierung von Gruppenorbits interpretiert werden kann. Für den Fall von Wurzeln der Eins erhält man wichtige Klassen von endlich-dimensionalen Kac-Algebren, insbesondere die 8-dim. Kac-Paljutkin-Algebra. Ebenfalls für Wurzeln der Eins kann man die Nichtkommutativen Multi-Tori als Hopf-Galois-Erweiterungen des kommutativen Torus interpretieren, wobei die Rolle der typischen Faser von einer endlich-dimensionalen Hopf-Algebra gespielt wird. Der Nichtkommutative 2-Torus besitzt bekanntlich eine u(1)xu(1)-Symmetrie. Wir zeigen, daß er eine größere Quantengruppen-Symmetrie besitzt, die allerdings nicht auf die Spektralen Tripel des Nichtkommutativen Torus fortgesetzt werden kann.

On the geometry of the spin-statistics connection in quantum mechanics

The Spin-Statistics theorem states that the statistics of a system of identical particles is determined by their spin: Particles of integer spin are Bosons (i.e. obey Bose-Einstein statistics), whereas particles of half-integer spin are Fermions (i.e. obey Fermi-Dirac statistics). Since the original proof by Fierz and Pauli, it has been known that the connection between Spin and Statistics follows from the general principles of relativistic Quantum Field Theory. In spite of this, there are different approaches to Spin-Statistics and it is not clear whether the theorem holds under assumptions that are different, and even less restrictive, than the usual ones (e.g. Lorentz-covariance). Additionally, in Quantum Mechanics there is a deep relation between indistinguishabilty and the geometry of the configuration space. This is clearly illustrated by Gibbs' paradox. Therefore, for many years efforts have been made in order to find a geometric proof of the connection between Spin and Statistics. Recently, various proposals have been put forward, in which an attempt is made to derive the Spin-Statistics connection from assumptions different from the ones used in the relativistic, quantum field theoretic proofs. Among these, there is the one due to Berry and Robbins (BR), based on the postulation of a certain single-valuedness condition, that has caused a renewed interest in the problem. In the present thesis, we consider the problem of indistinguishability in Quantum Mechanics from a geometric-algebraic point of view. An approach is developed to study configuration spaces Q having a finite fundamental group, that allows us to describe different geometric structures of Q in terms of spaces of functions on the universal cover of Q. In particular, it is shown that the space of complex continuous functions over the universal cover of Q admits a decomposition into C(Q)-submodules, labelled by the irreducible representations of the fundamental group of Q, that can be interpreted as the spaces of sections of certain flat vector bundles over Q. With this technique, various results pertaining to the problem of quantum indistinguishability are reproduced in a clear and systematic way. Our method is also used in order to give a global formulation of the BR construction. As a result of this analysis, it is found that the single-valuedness condition of BR is inconsistent. Additionally, a proposal aiming at establishing the Fermi-Bose alternative, within our approach, is made.