Title:A New Model Construction for the Polymorphic Lambda Calculus Author: Dieter Spreen Abstract: Various models for the Girard-Reynolds second-order lambda calculus have been presented in the literature. Except the term model they are either realizability or domain models. In this paper a further model construction is introduced. Types are interpreted as inverse limits of $\omega$-cochains of finite sets. The corresponding morphisms are sequences of maps acting locally on the finte sets in the $\omega$-cochains. The model can easily be turned into an effectively given one. Moreover, it can be arranged in such a way that the universal type $\forall t. t$ representing absurdity in the higher-order logic defined by the type structure is interpreted by the empty set, which means that it is also a model of this logic.