ISSN:
1432-0479
Keywords:
JEL Classification Numbers: D51
;
D91.
Source:
Springer Online Journal Archives 1860-2000
Topics:
Economics
Notes:
Summary. We show that the set of balanced steady state (resp. golden rule) equilibria, parameterized by endowments, of stationary overlapping-generations economies are smooth manifolds diffeomorphic to Euclidean spaces. These properties extend similar properties of the Walrasian equilibria and enable one to apply the natural projection approach to the study of these equilibria.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/s001990050190
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