The dynamic behavior of the capital growth rate is analyzed using an overlap**‐
generations model with continuous trading. Assuming a technology satisfying constant …

In a model of overlap** generations with a continuum of finitely lived individuals, the
aggregate price dynamics is characterized by a functional differential equation of mixed …

This book grew out of the teaching and lecture notes for a course in" Dynamic Economics"
given at Copenhagen University where it has been part of a combined study program in …

In the present paper a tractable two-sector neo-classical growth model with heterogeneous
agents is considered. The local dynamic properties of the equilibrium path are analyzed in …

This paper studies the intertemporal equilibrium of a barter economy populated with a
continuum of finitely-lived overlap** generations. Assuming isoelastic preferences and …

In the past two decades the overlap** generations (OG) model has become a dominant
framework in macroeconomic analysis. This book provides a clear and self-contained …

This book provides a cutting edge introduction to market risk management for Hedge Funds,
Hedge Funds of Funds, and the numerous new indices and clones launching coming to …

In the present paper general stationary overlap** generations economies with many
commodities in every period and many different consumers in every generation are …

While most of the literature concerned with indeterminacy and endogenous cycles is based
on the restrictive assumption of a representative consumer, some recent contributions have …

A pure exchange, general equilibrium model is considered and the equilibrium set is
studied. It is shown for all total endowments and an open and dense set of preferences that if …