McGovern, Jaime; Morand, Olivier; Reffett, Kevin - In: Economic Theory 54 (2013) 3, pp. 623-674
Using order-theoretic methods, we derive sufficient conditions for the existence, characterization, and computation of minimal state space recursive equilibrium (RE), as well as Stationary Markov equilibrium (SME) for various classes of stochastic overlapping generations models. In contrast to...