Chaotic Equilibria in a Small, Open, Overlapping-Generations Economy with Child-Parent Externality

Kazuo Nishimura and Koji Shimomura

Review of International Economics, 1999, vol. 7, issue 3, 484-92

Abstract: This paper presents a simple overlapping-generations model of a small open economy with child-parent externality that exhibits chaotic equilibrium dynamics. Copyright 1999 by Blackwell Publishing Ltd.

Date: 1999
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Working Paper: Chaotic Equilibria in a Small Open Overlapping Generations Economy with Child-Parent Externality (1997)
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