Long gestation in an overlapping generations economy: Endogeneous cycles and indeterminacy of equilibria

DOI10.1016/S0304-4068(00)00060-4MaRDI QIDQ5931985zbMATH OpenWikidataFDO

Authors Akiomi Kitagawa, Akihisa Shibata

Publication date 25 July 2001

Published in Journal of Mathematical Economics (Search for Journal in Brave)

zbMATH Keywords

indeterminacy of equilibriaendogenous cycluslong gestation of investments

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Special types of economic markets (including Cournot, Bertrand) (91B54)

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Cites work

• A Model of Growth Through Creative Destruction
• Asset Bubbles and Overlapping Generations
• Comparative Statics and Perfect Foresight in Infinite Horizon Economies
• Competitive equilibrium cycles
• Endogenous Price Fluctuations in an Optimizing Model of a Monetary Economy
• Endogenous cycles in a Stiglitz-Weiss economy
• Finite lifetimes and growth
• Growing Through Cycles
• Monopolistic competition, business cycles, and the composition of aggregate demand
• Multiple equilibria in a growth model with monopolistic competition
• On Endogenous Competitive Business Cycles
• On dynamics with time-to-build investment technology and non-time- separable leisure
• Public capital and patterns of growth in the presence of threshold externalities
• Stability of Equilibria with Externalities
• Threshold externalities and cyclical growth in a stylized model of capital accumulation
• Time to Build and Aggregate Fluctuations
• Time-to-build and cycles
• Vintage capital, investment, and growth
• WELFARE ECONOMICS AND EXISTENCE OF AN EQUILIBRIUM FOR A COMPETITIVE ECONOMY

Cited in

(7)

• On the equivalence between the overlapping-generations model and cyclical general-equilibrium models
• Sustained growth in the model of overlapping generations
• Two-period cycles in a three-period overlapping generations model
• On the existence of endogenous cycles
• To seed, or not to seed? An endogenous labor supply approach in a simple overlapping generation economy
• Endogenous strategic business cycles
• Endogenous growth cycles in an overlapping generations model with investment gestation lags

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