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Heterogeneous Beliefs in OLG Economies with Endogenous Random Asset Prices

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Author Info
Jan Wenzelburger (University of Bielefeld)

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Abstract

It has long been recognized that market clearing and the hypothesis of rational expectations may well be mutual inconsistent.

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Publisher Info
Paper provided by Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance in its series CeNDEF Workshop Papers, January 2001 with number 2A.1.

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Date of creation: 04 Jan 2001
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Handle: RePEc:ams:cdws01:2a.1

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Postal: Dept. of Economics and Econometrics, Universiteit van Amsterdam, Roetersstraat 11, NL - 1018 WB Amsterdam, The Netherlands
Phone: + 31 20 525 52 58
Fax: + 31 20 525 52 83
Web page: http://www.fee.uva.nl/cendef/
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This page was last updated on 2009-11-25.

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