Existence of a Pareto-optimal equilibrium in nearly-stationary overlapping-generations economies

DOI10.1007/BF01215202MaRDI QIDQ1804607zbMATH OpenOpenAlexFDO

Authors Jonathan L. Burke

Publication date 27 September 1995

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/bf01215202

zbMATH Keywords

existence of a Pareto- optimal equilibriumoverlapping-generations models of fiat money

Mathematics Subject Classification ID

General equilibrium theory (91B50)

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Cites work

• Economies with a Finite Set of Equilibria
• scientific article; zbMATH DE number 1154014 (Why is no real title available?)
• Inactive transfer policies and efficiency in general overlapping- generations economies
• On the Efficiency of a Competitive Equilibrium in Infinite Horizon Monetary Economies
• Optimal steady-state in stationary consumption-loan type models
• Pricing Optimal Distributions to Overlapping Generations: A Corollary to Efficiency Pricing
• Regularity in overlapping generations exchange economies
• Smooth Preferences
• The overlapping-generations model. I: The case of pure exchange without money
• The overlapping-generations model. II. The case of pure exchange with money
• The overlapping-generations model. III. The case of log-linear utility functions
• The role of money in supporting the Pareto optimality of competitive equilibrium in consumption-loan type models

Cited in

(13)

• Optimality and monetary equilibria in stationary overlapping generations models with long-lived agents: Growth versus discounting
• On stationary 3-period overlapping generations models
• The Pareto domination of irrational expectations over rational expectations
• Optimality of barter steady states
• Dominant root characterization of Pareto optimality and the existence of optimal equilibria in stochastic overlapping generations models
• Fiat money in a pairwise-trading, multi-good, overlapping generations model
• The robustness of optimal equilibrium among overlapping generations
• scientific article; zbMATH DE number 4143738 (Why is no real title available?)
• On stationary overlapping generations models
• Strong optimality in OG economies: Convergence
• Stationary Pareto optimality of stochastic asset equilibria with overlapping generations
• Finitely optimal allocation in countably large-square exchange economies
• Efficiency and prices in economies of overlapping generations

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