Add to ORKGWe characterize the determinacy properties of the intertemporal equilibrium for a continuous-time, pure-exchange, overlapping generations economy with logarithmic preferences. Using recent advances in the theory of functional differential equations, we show that the equilibrium is locally unique and that prices converge to a balanced growth path and are determined
In an exogenous-growth economy with overlapping generations, the Cobb–Douglas production, any positi...
International audienceThe dynamic behavior of the capital growth rate is analyzed using an overlappi...
We propose a criterion for determining whether a local policy analysis can be made in a given equili...
We characterize the determinacy properties of the intertemporal equilibrium for a continuous-time, p...
International audienceWe characterize the determinacy properties of the intertemporal equilibrium fo...
URL des Documents de travail : http://ces.univ-paris1.fr/cesdp/cesdp2012.htmlDocuments de travail du...
Demichelis and Polemarchalis (2007) highlighted the role played by the frequency of trade on the deg...
Age structured populations are studied in economics through overlapping generations models. These mo...
We present a continuous time overlapping generations model for an endowment Arrow-Debreu economy wi...
Equilibrium paths in an economy of overlapping generations are determinate. Time is either discrete ...
In an exogenous-growth economy with overlapping generations, the Cobb–Douglas production, any positi...
International audienceThe dynamic behavior of the capital growth rate is analyzed using an overlappi...
We propose a criterion for determining whether a local policy analysis can be made in a given equili...
We characterize the determinacy properties of the intertemporal equilibrium for a continuous-time, p...
International audienceWe characterize the determinacy properties of the intertemporal equilibrium fo...
URL des Documents de travail : http://ces.univ-paris1.fr/cesdp/cesdp2012.htmlDocuments de travail du...
Demichelis and Polemarchalis (2007) highlighted the role played by the frequency of trade on the deg...
Age structured populations are studied in economics through overlapping generations models. These mo...
We present a continuous time overlapping generations model for an endowment Arrow-Debreu economy wi...
Equilibrium paths in an economy of overlapping generations are determinate. Time is either discrete ...
In an exogenous-growth economy with overlapping generations, the Cobb–Douglas production, any positi...
International audienceThe dynamic behavior of the capital growth rate is analyzed using an overlappi...
We propose a criterion for determining whether a local policy analysis can be made in a given equili...