Indeterminacy of stationary equilibrium in stochastic overlapping generations models

DOI10.1016/0022-0531(90)90002-2zbMath0693.90025OpenAlexW2063886162MaRDI QIDQ908835

Sanjay Srivastava, Michael Woodford, Stephan E. Spear

Publication date: 1990

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

Full work available at URL: https://doi.org/10.1016/0022-0531(90)90002-2

zbMATH Keywords

perfect foresight equilibriastochastic overlapping generationslocal uniqueness propertiesstationary rational expectations equilibria

Mathematics Subject Classification ID

Economic growth models (91B62) General equilibrium theory (91B50)

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