Production, interest, and saving in deterministic economies with additive endowments
Stationary equilibria are constructed for a series of nonstochastic production economies in which the decisions of producers, wage earners, shareholders, and savers modulate, via a ``production function'', the endowment variables in an additive fashion. The endowment variable is a known (deterministic) positive constant, the same from period to period. The efficiency of each model is compared to that of a single agent who produces for personal consumption.
scientific article; zbMATH DE number 5076546