Myopic and perfect foresight in the OLG model

DOI10.1016/S0165-1765(99)00246-3MaRDI QIDQ1978334zbMATHOpenAlexFDO

Authors Philippe Michel, David de la Croix

Publication date 4 June 2000

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/s0165-1765(99)00246-3

zbMATH Keywords

stabilityperfect foresightmyopic foresight

Mathematics Subject Classification ID

Economic growth models (91B62)

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Cites work

• Existence, uniqueness, and stability of equilibrium in an overlapping- generations model with productive capital

Cited in

(16)

• Productive public expenditures, expectation formations and nonlinear dynamics
• Habit formation and chaotic dynamics in an \(n\)-dimensional cash-in-advance economy
• The power of love
• A simple model of growth cycles with technology choice
• Middle-income traps and complexity in economic development
• The environmental Kuznets curve in a world of irreversibility
• CAPITAL- AND LABOR-SAVING TECHNICAL CHANGE IN AN AGING ECONOMY
• Environmental tax policy, habit formation and nonlinear dynamics
• Endogenous cycles and human capital
• Myopia and monetary equilibria
• Existence and uniqueness of steady-state equilibrium in a two-sector overlapping generations model
• Endogenous lifetime, accidental bequests and economic growth
• Can education be good for both growth and the environment?
• Heterogeneous expectations and equilibria selection in an evolutionary overlapping generations model
• Modeling myopia: application to non-renewable resource extraction
• Expectation formation in an overlapping generation model with production

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