Showing 1 - 10 of 26
Persistent link: https://www.econbiz.de/10001631858
This paper re-examines the conditions for the existence of local stationary sunspot equilibria (SSE) in the standard OLG model from a broader perspective than before. We say that local SSE exist around a steady state of a given OLG economy if, in any arbitrarily small neighborhood of the steady...
Persistent link: https://www.econbiz.de/10014120972
Persistent link: https://www.econbiz.de/10003376747
Persistent link: https://www.econbiz.de/10003445205
Persistent link: https://www.econbiz.de/10001493383
Persistent link: https://www.econbiz.de/10001602554
Persistent link: https://www.econbiz.de/10001760506
Persistent link: https://www.econbiz.de/10001735080
Persistent link: https://www.econbiz.de/10001750768
We study perfect information games with an infinite horizon played by an arbitrary number of players. This class of games includes infinitely repeated perfect information games, repeated games with asynchronous moves, games with long and short run players, games with overlapping generations of...
Persistent link: https://www.econbiz.de/10014204654