On the existence and uniqueness of stationary equilibrium in Bewley economies with production
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Publication:1693180
DOI10.1016/j.jet.2017.10.006zbMath1400.91303OpenAlexW2765884792MaRDI QIDQ1693180
Publication date: 11 January 2018
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://mpra.ub.uni-muenchen.de/71066/1/MPRA_paper_71066.pdf
Related Items (11)
The effect of interest rates on consumption in an income fluctuation problem ⋮ The income fluctuation problem and the evolution of wealth ⋮ Uniqueness of equilibrium in a Bewley-Aiyagari model ⋮ An impossibility theorem for wealth in heterogeneous-agent models with limited heterogeneity ⋮ Optimal policies with heterogeneous agents: truncation and transitions ⋮ Stochastic stability of monotone economies in regenerative environments ⋮ A tractable model of monetary exchange with ex post heterogeneity ⋮ A theory of the saving rate of the rich ⋮ The invariant distribution of wealth and employment status in a small open economy with precautionary savings ⋮ Recursive equilibrium in Krusell and Smith (1998) ⋮ Mean Field Equilibrium: Uniqueness, Existence, and Comparative Statics
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