Intertemporal equilibrium and disadvantageous growth

Intertemporal equilibrium and disadvantageous growth

Growth may be disadvantageous in a single competitive economy of overlapping generations with production and investment, in spite of Walrasian stability.

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Bibliographische Detailangaben
Veröffentlicht in:European economic review 1989, Vol.33 (1), p.59-65
Hauptverfasser: Donsimoni, M.P., Polemarchakis, H.M.
Format: Artikel
Sprache:eng
Schlagworte:
Disadvantages
Economic development
Economic growth
Economic theory
Equilibrium
Interest rates
International trade
Mathematical analysis
Pareto optimum
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Beschreibung
Zusammenfassung:Growth may be disadvantageous in a single competitive economy of overlapping generations with production and investment, in spite of Walrasian stability.
ISSN:0014-2921
1873-572X
DOI:10.1016/0014-2921(89)90037-8