Balanced cycles in an OLG model with a continuum of finitely-lived individuals

d'Albis, Hippolyte () and Emmanuelle Augeraud-Véron ()

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Abstract: This paper studies the intertemporal equilibrium of a barter economy populated with a continuum of finitely-lived overlapping generations. Assuming isoelastic preferences and zero endowments at the beginning and the end of the individual's ’life-span, it proves the existence of an Hopf bifurcation and provides sufficient conditions on parameters for its occurrence.

Keywords: Overlapping-generations Models; Mixed-type Functional Differential Equations; Endogenous Fluctuations; Hopf Bifurcation. (search for similar items in EconPapers)
Date: 2007
Note: View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00630229/en/
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Published, Economic Theory, 2007, 30, 1, 181-186

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Related works:
Journal Article: Balanced cycles in an OLG model with a continuum of finitely-lived individuals (2007)
Working Paper: Balanced Cycles in an OLG Model with a Continuum of Finitely-Lived Individuals (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:hal:journl:hal-00630229

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