The Existence of Ramsey Equilibrium
- 1 March 1991
- journal article
- Published by JSTOR in Econometrica
- Vol. 59 (2) , 441
- https://doi.org/10.2307/2938264
Abstract
We demonstrate existence of a perfect foresight equilibrium under borrowing constraints in a one-sector model with infinitely-lived heterogeneous agents. The cl...Keywords
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