A characterization of Markov equilibrium in stochastic overlapping generations models
Year of publication: |
2021
|
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Authors: | Kim, Eungsik ; Spear, Stephen E. |
Published in: |
Journal of economic dynamics & control. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1889, ZDB-ID 717409-3. - Vol. 124.2021, p. 1-31
|
Subject: | Markov equilibrium | Linear iterated function system | Invariant measure | Exchange and production economy | Fractal self-affine attractor | Overlapping Generations | Overlapping generations | Markov-Kette | Markov chain | Gleichgewichtstheorie | Equilibrium theory | Stochastischer Prozess | Stochastic process | Gleichgewichtsmodell | Equilibrium model |
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