Biblioteca Digital de VanguardiaAlternative Dynamics and Stability Results in a Standard OLG Model: An Interpretation
In this paper we make a critique of the standard stability results already established in a basic two period OLG model. Under an alternative interpretation (competitive financial markets), we are able to select the test equilibrium in the long run, in such a way that the economy can reach the Golden...
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| Formato: | artículo científico |
| Lenguaje: | Inglés |
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Centro de Investigación y Docencia Económicas, A.C.
2004
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| Acceso en línea: | http://www.redalyc.org/articulo.oa?id=32313203 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/82846 |