Nonshiftable capital, affine price expectations and convergence to the golden rule.
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Publication:1398440
DOI10.1016/S0304-4068(03)00050-8zbMath1042.91046MaRDI QIDQ1398440
Michael J. P. Magill, Martine Quinzii
Publication date: 29 July 2003
Published in: Journal of Mathematical Economics (Search for Journal in Brave)
overlapping generations; golden rule; bubble; equity prices; affine price expectations; firm specificity of capital
91B62: Economic growth models
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Cites Work
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