Local and global dynamics in an overlapping generations model with endogenous time discounting

DOI10.1007/S10614-011-9286-7MaRDI QIDQ651349zbMATH OpenOpenAlexFDO

Authors M. Sodini

Publication date 13 December 2011

Published in Computational Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10614-011-9286-7

zbMATH Keywords

overlapping generations modellocal and global indeterminacyendogenous time discounting

Mathematics Subject Classification ID

Dynamical systems in optimization and economics (37N40) Economic dynamics (91B55) Economic growth models (91B62)

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Cites work

• scientific article; zbMATH DE number 861662 (Why is no real title available?)
• Capital-labor substitution and competitive nonlinear endogenous business cycles
• Equilibrium cycles in an overlapping generations economy with production
• Impatience and long-run growth
• Indeterminacy, bifurcations and chaos in an overlapping generations model with negative environmental externalities
• Local and global indeterminacy in an overlapping generations model with consumption externalities
• Market mood, adaptive beliefs and asset price dynamics
• Multiple steady states and endogenous fluctuations with increasing returns to scale in production
• Preferences, endogenous discount rate, and indeterminacy in a small open economy model
• Public spending, endogeneous growth, and endogenous fluctuations
• The emergence of bull and bear dynamics in a nonlinear model of interacting markets

Cited in

(5)

• Local determinacy of prices in an overlapping generations model with continuous trading
• Indeterminacy and nonlinear dynamics in an OLG growth model with endogenous labour supply and inherited tastes
• Stability of equilibria in the overlapping generations model with endogenous labor supply.
• Overlapping generations model with endogenous labor supply: general formulation
• Existence, optimality and dynamics of equilibria with endogenous time preference

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