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Optimal improvement policies for stationary sunspot equilibria in an OLG economy : the central role of the golden rule allocation

Chattopadhyay, Subir Kumar - 1991

Persistent link: https://www.econbiz.de/10000870829

Global stability in spite of "local instability" with learning in general equilibrium models

Chatterji, Shurojit; Chattopadhyay, Subir Kumar - 1997 - 1. ed

Persistent link: https://www.econbiz.de/10000960179

Functional sunspot equilibria

Chatterji, Shurojit; Chattopadhyay, Subir Kumar - In: Journal of mathematical economics 42 (2006) 1, pp. 22-35

Persistent link: https://www.econbiz.de/10003286629

Consumption dynamics in general equilibrium : a characterisation when markets are incomplete

Beker, Pablo; Chattopadhyay, Subir - 2009

We introduce a methodology for analysing infinite horizon economies with two agents, one good, and incomplete markets. We provide an example in which an agent's equilibrium consumption is zero eventually with probability one even if she has correct beliefs and is marginally more patient. We then...