Showing 1 - 10 of 10,275
Persistent link: https://www.econbiz.de/10003871119
Persistent link: https://www.econbiz.de/10011378767
We introduce a solution technique for the study of discrete time stochastic models populated by long-lived agents. We introduce aggregate uncertainty and complete markets into a 'perpetual-youth' model of a kind first studied by Olivier Blanchard and we show that the pure-trade version of the...
Persistent link: https://www.econbiz.de/10012463624
Persistent link: https://www.econbiz.de/10012167105
Persistent link: https://www.econbiz.de/10011752732
We introduce a solution technique for the study of discrete time stochastic models populated by long-lived agents. We introduce aggregate uncertainty and complete markets into a 'perpetual-youth' model of a kind first studied by Olivier Blanchard and we show that the pure-trade version of the...
Persistent link: https://www.econbiz.de/10013095876
The objective of this paper is to propose an analytical framework to examine the foundations of the theory of efficient … growth. The theory of efficient growth is a newly developed theory based on the principles of the neoclassical framework. It …
Persistent link: https://www.econbiz.de/10013193767
Persistent link: https://www.econbiz.de/10012000263
Persistent link: https://www.econbiz.de/10000140475
Persistent link: https://www.econbiz.de/10001490776