Three Essays About Dynamic Stochastic General Equilibrium Models With Overlapping Generations

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Overlapping Generations

Author: Stephen E. Spear
language: en
Publisher: Emerald Group Publishing
Release Date: 2023-09-04
The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didn’t become the central workhorse model for macroeconomics, as opposed to the neoclassical growth model. The authors here explore the co-evolution of the two models.
Essays in Dynamic General Equilibrium Theory

Author: Alessandro Citanna
language: en
Publisher: Springer Science & Business Media
Release Date: 2006-01-11
In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. Based on these contributions, this volume contains new developments in the field, written by Cass's students and co-authors.