Uniqueness of Markov equilibrium in stochastic OLG models with nonclassical production
Year of publication: |
2014
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Authors: | Hillebrand, Marten |
Published in: |
Economics letters. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1765, ZDB-ID 717210-2. - Vol. 123.2014, 2, p. 171-176
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Subject: | Markov equilibrium | Existence | Uniqueness | OLG | Nonclassical production | Overlapping Generations | Overlapping generations | Markov-Kette | Markov chain | Gleichgewichtsmodell | Equilibrium model | Produktion | Production | Schock | Shock | Gleichgewichtstheorie | Equilibrium theory |
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