Cover Image

Manifolds of golden rule and balanced steady state equilibria

We show that the set of balanced steady state (resp. golden rule) equilibria, parameterized by endowments, of stationary overlapping-generations economies are smooth manifolds diffeomorphic to Euclidean spaces. These properties extend similar properties of the Walrasian equilibria and enable one to apply the natural projection approach to the study of these equilibria.
Year of publication:
1998-01-30
Authors: Balasko, Yves ; Lang, Christine
Published in:
Economic Theory. - Springer. - Vol. 11.1998, 2, p. 317-330
Publisher: Springer
freely available
Full text |
Check Google Scholar
In German libraries (KVK)
I need help
Extent:
application/pdf
application/postscript
Type of publication: Article
Notes:
Received: October 30, 1995; revised version: October 10, 1996
Source:
Persistent link: https://www.econbiz.de/10005596616
Similar items by person