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Asset Valuation and Production Efficiency in an Overlapping-Generations Model with Production Shocks

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Publication:4006315
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DOI10.2307/2297960zbMath0756.90020OpenAlexW1985552393MaRDI QIDQ4006315

Kenji Yamamoto, W. Davis Dechert

Publication date: 26 September 1992

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2297960


zbMATH Keywords

overlapping-generationsproduction uncertaintystock market equilibrium


Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Economic growth models (91B62)


Related Items (4)

Nonshiftable capital, affine price expectations and convergence to the golden rule. ⋮ On the optimal size of social security in the presence of a stock market ⋮ On the interaction between risk sharing and capital accumulation in a stochastic OLG model with production ⋮ Monopolistic competition, dynamic inefficiency and asset bubbles.







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