On the Ramsey equilibrium with heterogeneous consumers and endogenous labor supply

DOI10.1016/J.JMATECO.2010.03.002MaRDI QIDQ990286zbMATHOpenAlexFDO

Authors Stefano Bosi, Thomas Seegmuller

Publication date 6 September 2010

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

Full work available at URL https://doi.org/10.1016/j.jmateco.2010.03.002

zbMATH Keywords

heterogeneous agentsborrowing constraintendogenous cyclesendogenous labor supplysaddle-path stability

Mathematics Subject Classification ID

Economic growth models (91B62) Heterogeneous agent models (91B69)

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Cites work

• scientific article; zbMATH DE number 17281 (Why is no real title available?)
• scientific article; zbMATH DE number 52448 (Why is no real title available?)
• A characterization of Ramsey equilibrium
• An aggregative model of capital accumulation with leisure-dependent utility
• Capital-labor substitution and competitive nonlinear endogenous business cycles
• Competitive equilibrium cycles with endogenous labor
• Equilibrium dynamics in an aggregative model of capital accumulation with heterogeneous agents and elastic labor
• Equilibrium dynamics in two-sector models of endogenous growth
• Existence of a competitive equilibrium in a one sector growth model with heterogeneous agents and irreversible investment
• Growth and income inequality: a canonical model
• Income and wealth distribution in a simple model of growth
• Indeterminacy with almost constant returns to scale: capital-labor substitution matters
• On the structure of Ramsey equilibrium: Cycles, indeterminacy, and sunspots
• Overlapping generations model with endogenous labor supply: general formulation
• Poverty traps, indeterminacy, and the wealth distribution
• Stability of equilibria in the overlapping generations model with endogenous labor supply.
• The dynamics of competitive equilibrium allocations with borrowing constraints
• The local bifurcation of Ramsey equilibrium

Cited in

(11)

• A characterization of Ramsey equilibrium in a model with limited borrowing
• Optimal paternalistic health and human capital subsidy
• The Ramsey steady-state conundrum in heterogeneous-agent economies
• On the role of progressive taxation in a Ramsey model with heterogeneous households
• A simple optimality-based no-bubble theorem for deterministic sequential economies with strictly monotone preferences
• Ramsey equilibrium with liberal borrowing
• On existence and bubbles of Ramsey equilibrium with borrowing constraints
• Dynamic effects of consumption externalities
• Multiple interior steady states in the Ramsey model with elastic labor supply
• Fifty years of mathematical growth theory: classical topics and new trends
• Existence of stationary equilibrium in an incomplete-market model with endogenous labor supply

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