Tractable Graphical Device for Analyzing Stationary SOLG Economies

This article develops a tractable graphical device for analyzing the stochastic overlapping generations (SOLG) economy. In this paper, the graphical device is applied to the theoretical study on stochastic bubbles per Weil [”Confidence and the real value of money in an overlapping generations economy,” Quarterly Journal of Economics 102 (1987), 1-22] and gives new insights into the issue

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Year of publication:	2013
Authors:	Ohtaki, Eisei
Publisher:	[2013]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (18 p)
Series:	Tokyo Center for Economic Research (TCER) Paper ; No. E-46
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 9, 2012 erstellt
Other identifiers:	10.2139/ssrn.2247184 [DOI]
Classification:	D50 - General Equilibrium and Disequilibrium. General ; D62 - Externalities ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; E40 - Money and Interest Rates. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013083632