Sugahara, Renato Nozaki; Aragón, Edilean Kleber da … - In: Economia : revista da ANPEC 17 (2016) 3, pp. 340-350
This paper extends the model of overlapping generations with heterogeneous agents, allowing both classes (capitalist and worker) to hold a positive intergenerational capital stock. The main results were:(i)equilibrium interest rates that maximize the consumption and savings plans of working and...