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The determinacy of equilibrium in economies of overlapping generations

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  • S. Demichelis

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  • H. Polemarchakis
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    Abstract

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    File URL: http://hdl.handle.net/10.1007/s00199-006-0134-2
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    Bibliographic Info

    Article provided by Springer in its journal Economic Theory.

    Volume (Year): 32 (2007)
    Issue (Month): 3 (September)
    Pages: 461-475

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    Handle: RePEc:spr:joecth:v:32:y:2007:i:3:p:461-475

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    Web page: http://link.springer.de/link/service/journals/00199/index.htm

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    Related research

    Keywords: Life-span; Continuous time; Overlapping generations; Determinacy; D50; D90;

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    References

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    1. John Geanakoplos & Donald J. Brown, 1985. "Comparative Statics and Local Indeterminacy in OLG Economies: An Application of the Multiplicative Ergodic Theorem," Cowles Foundation Discussion Papers 773, Cowles Foundation for Research in Economics, Yale University.
    2. Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66, pages 467.
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    Cited by:
    1. Hippolyte D'Albis & Emmanuelle Augeraud-Véron, 2011. "Continuous-Time Overlapping Generations Models," Post-Print hal-00424799, HAL.
    2. Fabrizio Orrego, 2014. "Habit formation and indeterminacy in overlapping generations models," Economic Theory, Springer, vol. 55(1), pages 225-241, January.
    3. Brito, Paulo, 2008. "Equilibrium asset prices and bubbles in a continuous time OLG model," MPRA Paper 10701, University Library of Munich, Germany.
    4. Hippolyte d'Albis & Emmanuelle Augeraud-Véron, 2013. "Frequency of trade and the determinacy of equilibrium in economies of overlapping generations," International Journal of Economic Theory, The International Society for Economic Theory, vol. 9(1), pages 85-100, 03.
    5. MERTENS, Jean-François & RUBINCHIK, Anna, . "Intergenerational equity and the discount rate for policy analysis," CORE Discussion Papers RP -2438, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    6. D'ALBIS Hippolyte & AUGERAUD-VERON Emmanuelle, 2007. "Endogenous Retirement and Monetary Cycles," LERNA Working Papers 07.14.235, LERNA, University of Toulouse.
    7. Brito, Paulo & Dilão, Rui, 2010. "Equilibrium price dynamics in an overlapping-generations exchange economy," Journal of Mathematical Economics, Elsevier, vol. 46(3), pages 343-355, May.
    8. Edmond, Chris, 2008. "An integral equation representation for overlapping generations in continuous time," Journal of Economic Theory, Elsevier, vol. 143(1), pages 596-609, November.
    9. repec:hal:journl:halshs-00717158 is not listed on IDEAS

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