EXISTENCE AND UNIQUENESS OF STEADY-STATE EQUILIBRIUM IN A GENERALIZED OVERLAPPING GENERATIONS MODEL

DOI10.1017/S1365100510000878zbMath1272.91087OpenAlexW2119997190MaRDI QIDQ2843375

Li, Jinlu, Shuanglin Lin

Publication date: 22 August 2013

Published in: Macroeconomic Dynamics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1017/s1365100510000878

zbMATH Keywords

existenceuniquenessequilibriumgeneralized overlapping-generations model

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

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Bubbly Markov equilibria ⋮ Optimal public policy \textit{à la Ramsey} in an endogenous growth model

Cites Work

• Existence and uniqueness of steady-state equilibrium in a two-sector overlapping generations model
• Dynamic efficiency of steady-state equilibria in an overlapping- generations model with productive capital
• Finite lifetimes and growth
• Dynamic externalities, multiple equilibria, and growth
• Stationary equilibria in an overlapping generations economy with stochastic production
• Existence, uniqueness, and stability of equilibrium in an overlapping- generations model with productive capital
• A Two-Sector Overlapping-Generations Model: A Global Characterization of the Dynamical System
• Asset Bubbles and Overlapping Generations

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