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Endogenous working hours, overlapping generations, and balanced neoclassical growth

Irmen, Andreas - 2023

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Existence of bubbly equilibria in overlapping generations models with stochastic production

Hillebrand, Marten - 2014

The paper develops a dynamical systems approach to study asset bubbles in OLG economies with stochastic production. We …. Even if they exist, bubbles are temporary and the economy converges to a bubbleless equilibrium with probability one. We …

Persistent link: https://www.econbiz.de/10010360342

Culture as a bubble

Cozzi, Guido - In: Journal of political economy 106 (1998) 2, pp. 376-394

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Capital price bubbles and dynamic inefficiency

Sorger, Gerhard - 2018

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On Overlapping Generations Models with Productive Capital

Lang, Günther - 1996

This book examines several unsolved problems in OLG models with productive capital. It extends the well-known Diamond analysis to a model with variable population growth and characterizes dynamically efficient allocations. Then the design of pay-as-you-go pension schemes and government debt to...