Manifolds of golden rule and balanced steady state equilibria

B-Tier
Journal: Economic Theory
Year: 1998
Volume: 11
Issue: 2
Pages: 317-330

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We show that the set of balanced steady state (resp. golden rule) equilibria, parameterized by endowments, of stationary overlapping-generations economies are smooth manifolds diffeomorphic to Euclidean spaces. These properties extend similar properties of the Walrasian equilibria and enable one to apply the natural projection approach to the study of these equilibria.

Technical Details

RePEc Handle
repec:spr:joecth:v:11:y:1998:i:2:p:317-330
Journal Field
Theory
Author Count
2
Added to Database
2026-01-24