Myopic and perfect foresight in the OLG model

DOI10.1016/S0165-1765(99)00246-3zbMATH Open0953.91038OpenAlexW1991013556MaRDI QIDQ1978334FDOQ1978334

David de la Croix, Philippe Michel

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

Recommendations

• Comparative Statics and Perfect Foresight in Infinite Horizon Economies
• The myopic property in decision models
• Adjustment costs and indeterminacy in perfect foresight models
• Comparative dynamics in perfect-foresight models
• Determinate perfect foresight forecasting in overlapping generations models
• The Pareto-optima of finite-horizon OLG models
• Myopia and monetary equilibria
• EXPECTATIONS, FORECASTING, AND PERFECT FORESIGHT
• Limited foresight equilibrium
• Rational expectations and farsighted stability

zbMATH Keywords

stabilityperfect foresightmyopic foresight

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

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

Cited In (14)

• Middle-income traps and complexity in economic development
• A simple model of growth cycles with technology choice
• Expectation formation in an overlapping generation model with production
• The environmental Kuznets curve in a world of irreversibility
• CAN EDUCATION BE GOOD FOR BOTH GROWTH AND THE ENVIRONMENT?
• Endogenous cycles and human capital
• CAPITAL- AND LABOR-SAVING TECHNICAL CHANGE IN AN AGING ECONOMY
• Environmental tax policy, habit formation and nonlinear dynamics
• Endogenous lifetime, accidental bequests and economic growth
• Habit formation and chaotic dynamics in an \(n\)-dimensional cash-in-advance economy
• The power of love
• Heterogeneous expectations and equilibria selection in an evolutionary overlapping generations model
• Productive public expenditures, expectation formations and nonlinear dynamics
• Existence and uniqueness of steady-state equilibrium in a two-sector overlapping generations model

This page was built for publication: Myopic and perfect foresight in the OLG model

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1978334)