On competitive cycles in productive economies

DOI10.1016/0022-0531(88)90258-XzbMath0657.90024MaRDI QIDQ1111451

Jess Benhabib, Guy Laroque

Publication date: 1988

Published in: Journal of Economic Theory (Search for Journal in Brave)

zbMATH Keywords

perfect foresightintertemporal competitive equilibriumcyclical equilibriagolden rule steady statesneoclassical production functionoverlapping generations economy with production

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (15)

On Consumptions, Inputs and Outputs Substitutabilities and the Evanescence of Optimal Cycles ⋮ Competitive business cycles in an overlapping generations economy with productive investment ⋮ Asset bubble and endogenous labor supply: a clarification ⋮ Cyclical equilibria in multi-sector productive economies: ⋮ Advances in growth and macroeconomic dynamics: \textit{in memory of Carine Nourry} ⋮ On equilibrium elasticities of substitution in simple overlapping generations economies with heterogeneous goods ⋮ Endogenous competitive business cycles with positive outside money and positive interest elasticity of savings ⋮ Trend-reverting fluctuations in the life-cycle model ⋮ Endogenous Retirement and Monetary Cycles ⋮ Indeterminacy and endogenous fluctuations with arbitrarily small externalities ⋮ Capital-labor substitution and competitive nonlinear endogenous business cycles ⋮ Multiple steady states and endogenous fluctuations with increasing returns to scale in production ⋮ Predictive accuracy for chaotic economic models ⋮ Financial destabilization ⋮ On the transition from local regular to global irregular fluctuations

Cites Work

• Unnamed Item
• Regularity in overlapping generations exchange economies
• Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
• Stationary sunspot equilibria in an N commodity world
• Deficits and cycles
• Equilibrium cycles in an overlapping generations economy with production
• Adaptive monetary policy and rational expectations
• Existence of competitive equilibrium in a general overlapping-generations model
• Comparative Statics and Perfect Foresight in Infinite Horizon Economies
• On Endogenous Competitive Business Cycles
• Sunspots and Cycles
• Economies with a Finite Set of Equilibria

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