๐”– Bobbio Scriptorium
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Externalities in a life cycle model with endogenous survival

โœ Scribed by Michael Kuhn; Stefan Wrzaczek; Alexia Prskawetz; Gustav Feichtinger

Book ID
113723196
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
598 KB
Volume
47
Category
Article
ISSN
0304-4068

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๐Ÿ“œ SIMILAR VOLUMES

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โœ Jaime Alonso-Carrera ๐Ÿ“‚ Article ๐Ÿ“… 2001 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 148 KB

This paper investigates whether learning leads to &perfect foresight' in a growth model that might present local indeterminacy of perfect foresight equilibria. The paper asserts that, under some parametric conditions on technology and preferences, equilibria under the assumption of learning converge