Recursive Competitive Equilibrium: The Case of Homogeneous Households (Q3916332): Difference between revisions
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Latest revision as of 23:42, 19 March 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Recursive Competitive Equilibrium: The Case of Homogeneous Households |
scientific article |
Statements
Recursive Competitive Equilibrium: The Case of Homogeneous Households (English)
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1980
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homogeneous households
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infinite horizon economy
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maximizing expected discounted utility
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recursive competitive equilibrium
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optimality
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existence
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value function of capital
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Bellman's optimality equation
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rational expectations
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time invariant preferences
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shock affected preferences
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capital theory
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