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Persistent link: https://www.econbiz.de/10008751715
This paper explores the consequences of imperfect competition on capital accumulation. The framework is an OLG growth model with altruistic agents. Two types of long run equilibria exist : egoistic or altruistic.We assume both competitive and non-competitive firms exist, the latter being endowed...
Persistent link: https://www.econbiz.de/10005696866