Kumar, Ronald Ravinesh; Stauvermann, Peter - In: Journal of risk and financial management : JRFM 15 (2022) 3, pp. 1-17
In this paper, we develop an overlapping generation model with imperfect competition and land to provide a theoretical …-proportional increase in land prices in developed countries. The model developed for analysis has close similarity with the standard … neoclassical overlapping generation model with endogenous growth and land. The main difference between the standard neoclassical …
