to demonstrate the existence of stable equilibria (indeterminacy) and a subcritical flip bifurcation. Hence, an … overlapping generations economy with a renewable resource can display cycles and indeterminacy even in the absence of …

We propose a novel approach to deal with the problem of indeterminacy in Linear Rational Expectations models. The … number of explosive roots in presence of indeterminacy. The solution in this expanded state space, if it exists, is always … and any degree of indeterminacy, and it can be implemented even when the boundaries of the determinacy region are unknown …

We propose a novel approach to deal with the problem of indeterminacy in linear rational expectations models. The … number of explosive roots in presence of indeterminacy. The solution in this expanded state space, if it exists, is always … and any degree of indeterminacy, and it can be implemented even when the boundaries of the determinacy region are unknown …

use a parametric example to demonstrate the existence of stable equilibria (indeterminacy) and a subcritical flip …

to demonstrate the existence of stable equilibria (indeterminacy) and a subcritical flip bifurcation. Hence, an … overlapping generations economy with a renewable resource can display cycles and indeterminacy even in the absence of …