Wealth distribution and aggregate time-preference: Markov-perfect equilibria in a Ramsey economy

DOI10.1016/j.jedc.2008.04.006zbMath1170.91345OpenAlexW2010379024MaRDI QIDQ2271603

Gerhard Sorger, Paul Pichler

Publication date: 7 August 2009

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2008.04.006

zbMATH Keywords

projection methodMarkov-perfect Nash equilibriumaggregate time preferenceRamsey-Cass-koopmans modelstrategic saving

Mathematics Subject Classification ID

Noncooperative games (91A10) Microeconomic theory (price theory and economic markets) (91B24)

Related Items (3)

Continuous time finite state mean field games ⋮ Strategic growth with recursive preferences: decreasing marginal impatience ⋮ STRATEGIC INTERACTION AND CATCHING UP

Cites Work

• On the long-run distribution of capital in the Ramsey model
• Capital accumulation games of infinite duration
• Strategic saving decisions in the infinite-horizon model
• Comparing solution methods for dynamic equilibrium economies
• Projection methods for solving aggregate growth models
• Strategic Ramsey equilibrium dynamics
• Dynamic General Equilibrium Modeling
• Capacity Investment, Preemption and Commitment in an Infinite Horizon Model
• Power, growth, and the voracity effect

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