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A sufficient condition for the existence and the uniqueness of a solution in macroeconomic models with perfect foresight

Article Abstract:

Sufficient local conditions are given for the existence and the uniqueness of the solution of macroeconomic models that satisfies all conditions including convergence. The macroeconomic models with perfect foresight have become easy to simulate due to the recent development of powerful algorithms.

Author: Laffargue, Jean-Pierre
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2004
Forecasts, trends, outlooks, Forecasts and trends, Economic conditions, Market trend/market analysis, Macroeconomics

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Stability of equilibria in the overlapping generations model with endogenous labor supply

Article Abstract:

This paper studies how labor supply elasticity under conditions such as in a sink, a saddle point or a source, affects the stability of the steady-state equilibria framework model with productive capital.

Author: Nourry, Carine
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2001
Statistical Data Included, Labor supply, Labor force, Production (Economics), Elasticity (Economics)

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A computational general equilibrium model with vintage capital

Article Abstract:

A vintage capital model assists in describing income distribution during the last three decades in France.

Author: Cadiou, Loic, Dees, Stephane, Laffargue, Jean-Pierre
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2003
Capital

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Subjects list: Models, France, Equilibrium (Economics)
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