Publication:
General dynamics in overlapping generations models

dc.contributor.authorCarrera Calero, Carmen
dc.contributor.authorMorán Cabré, Manuel
dc.date.accessioned2023-06-21T01:37:30Z
dc.date.available2023-06-21T01:37:30Z
dc.date.issued1993
dc.description.abstractSe analiza en este trabajo las dinámicas generadas por las soluciones de equilibrio en un modelo de generaciones sucesivas con producción. El punto de vista adoptado es el inverso. Es decir, se parte de una dinámica dos veces diferenciable cualquiera, y se caracterizan y se construyen las clases de economías que generan esta dinámica. Se prueba que dinámicas arbitrariamente caóticas pueden ser generadas por modelos convencionales. Para conseguir estos resultados, se introduce una técnica basada en las ecuaciones diferenciales en derivadas parciales.
dc.description.abstractIn this article we analyse the dynamics generated by the equilibrium solution in an overlapping generations model with production. We adopt an inverse approach to characterise and construct the class of economies that generates any twice continuously differentiable dynamics. To do this we introduce a technique based on the theory of partial differential equations
dc.description.facultyFac. de Ciencias Económicas y Empresariales
dc.description.facultyInstituto Complutense de Análisis Económico (ICAE)
dc.description.refereedTRUE
dc.description.statusunpub
dc.eprint.idhttps://eprints.ucm.es/id/eprint/28414
dc.identifier.citationArnold, V.A. (1974) , Équations Différentielles Ordinaires, (Moscou MIR). Arnold, V.A. (1980), Chapitres Supplémentaires de la Théorie des Equations Différetielles, (Moscou MIR). Benhabib, J. and R. Day (1982), "A Characterlzatlon of Erratic Dynamlcs in the Overlapplng Generatlons Model," Journal of Economic Dynamics and Control, 4, 37-55. Benhabib, J. and K. Nishimura (1985) , "Competitive Equilibrium Cycles," Journal of Economic Theory, 35, 284-306. Boldrín, M. and L. Montrucchio (1986), "On the Indeterminacy of capital Accuroulation Paths," Journal of Economic Theory, 40, 26-39. Debreu, G. (1974), "Excess Demand Functions" Journal of Mathematical Economics, 1, 15-23. Deneckere, R and S. Pelikan (1986), "Competitive Chaos," Journal of Economic Theory, 40, 13-25. Falconer K. (1990). Fractal Geometry. (John Wiley). Grandmont, J.M. (1985), "On Endogenous Competitive Business Cycles," Econometrica, 5, 995-1044. Li, T. and J. Yorke (1975), "Period Three Implies Chaos," American Mathematical Monthly, 82, 985-992. Madden, P. (1986), Concavity and Optimization in Microeconomics, (Qxford University. K., Blackwell). Mantel, R.R. (1974), "On the Characterization of Aggregate Excess Demand", Journal of Economic Theory, 7, 348-353. Sorger, G. (1992) "On the Minimum Rate of Impatience for Complicated Optimal Growth Paths". Journal of Economic Theory, 56, 160-179.
dc.identifier.relatedurlhttps://www.ucm.es/icae
dc.identifier.urihttps://hdl.handle.net/20.500.14352/64188
dc.issue.number11
dc.language.isoeng
dc.page.total30
dc.publication.placeMadrid
dc.publisherFacultad de Ciencias Económicas y Empresariales. Instituto Complutense de Análisis Económico (ICAE)
dc.relation.ispartofseriesDocumentos de Trabajo del Instituto Complutense de Análisis Económico (ICAE)
dc.rightsAtribución-NoComercial-CompartirIgual 3.0 España
dc.rights.accessRightsopen access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/3.0/es/
dc.subject.ucmEcuaciones diferenciales
dc.subject.unesco1202.07 Ecuaciones en Diferencias
dc.titleGeneral dynamics in overlapping generations models
dc.typetechnical report
dc.volume.number1993
dspace.entity.typePublication
relation.isAuthorOfPublication36e295dc-70b7-4ede-868c-a83357a04413
relation.isAuthorOfPublication.latestForDiscovery36e295dc-70b7-4ede-868c-a83357a04413
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