The Global Stability of Efficient Intertemporal Allocations
From MaRDI portal
Publication:4723538
DOI10.2307/1913239zbMath0614.90022OpenAlexW2044454871MaRDI QIDQ4723538
Publication date: 1987
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/1913239
Related Items
Characterization of stationary preferences in a continuous time framework, On time-consistent policy rules for heterogeneous discounting programs, Recursive utility and optimal capital accumulation. II: Sensitivity and duality theory, Dynamic equilibria with unemployment due to undernourishment, Interlinkage in the endogenous real business cycles of international economies, Optimal risk-sharing with effort and project choice, The optimal consumption-wealth relation and the permanent income-life cycle hypothesis under recursive preferences, Decreasing and increasing marginal impatience and the terms of trade in an interdependent world economy, Impatience and long-run growth, The dynamics of efficient intertemporal allocations with many agents, recursive preferences, and production, Foundations of continuous-time recursive utility: differentiability and normalization of certainty equivalents, Stochastic differential utility as the continuous-time limit of recursive utility, Optimal consumption for recursive preferences with local substitution -- the case of certainty, Endogenous time preference, inflation, and capital accumulation, Recursive variational problems in nonreflexive Banach spaces with an infinite horizon: an existence result, Decreasing marginal impatience in a two-country world economy, Recursive allocations and wealth distribution with multiple goods: Existence, survivorship, and dynamics, An abstract topological approach to dynamic programming, On the rate of time preference under recursive preferences, The complete complementarity of consumption and real balances and the strong superneutrality of money, Optimal growth with decreasing marginal impatience, Optimal growth with recursive utility: An existence result without convexity assumptions, Optimal Cycles and Chaos: A Survey, Structure of Pareto optima in an infinite-horizon economy where agents have recursive preferences, Recursive utility and the Ramsey problem, The dynamics of optimal wealth distributions with recursive utility, Recursive utility and optimal capital accumulation. I: Existence, Consumption externalities with endogenous time preference, Efficient intertemporal allocations with recursive utility., The fundamental principle of intertemporal optimization. Consumer behavior under recursive preferences, On the role of generating functions when preferences are recursive, Optimal growth and Pareto optimality, Equilibria of a stationary economy with recursive preferences, Optimal growth and recursive utility: Phase diagram analysis, The dynamics of risk-sensitive allocations, Efficient and equilibrium allocations with stochastic differential utility