On the nonexistence of recursive equilibrium in stochastic OLG economies

DOI10.1007/s00199-007-0298-4zbMath1152.91040OpenAlexW2001655362MaRDI QIDQ957856

Paolo Siconolfi, Alessandro Citanna

Publication date: 1 December 2008

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

Full work available at URL: https://doi.org/10.1007/s00199-007-0298-4

zbMATH Keywords

recursive equilibriumone-memory equilibriumstochastic OLG economies

Mathematics Subject Classification ID

General equilibrium theory (91B50) Special types of economic markets (including Cournot, Bertrand) (91B54)

Related Items (4)

Recursive equilibrium with price perfect foresight and a minimal state space ⋮ Stationary Markovian equilibrium in altruistic stochastic OLG models with limited commitment ⋮ Lipschitz recursive equilibrium with a minimal state space and heterogeneous agents ⋮ Computing minimal state space recursive equilibrium in OLG models with stochastic production

Cites Work

• A note on the implementation of rational expectations equilibria
• Rational expectations in the overlapping generations model
• Markov rational expectations equilibria in an overlapping generations model
• Stationary Markov equilibria for overlapping generations
• Short-memory equilibrium in stochastic overlapping generations economies
• Stationary monetary equilibria in overlapping generations models with incomplete markets
• Stationary Equilibria with Incomplete Markets and Overlapping Generations
• Differential Topology
• Stationary Markov Equilibria
• Junior Can't Borrow: A New Perspective on the Equity Premium Puzzle
• Life-Cycle Economies and Aggregate Fluctuations
• Approximate versus Exact Equilibria in Dynamic Economies

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