Dynamic inefficiency in an overlapping generations economy with production
نویسندگان
چکیده
منابع مشابه
A Stochastic Overlapping Generations Economy with Inheritance
An overlapping generations model of an exchange economy is considered, with individuals having a finite expected life-span. As the model is designed to be a fully playable game, conditions concerning birth, death, inheritance and bequests are fully specified.
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2007
ISSN: 0022-0531
DOI: 10.1016/j.jet.2006.11.003