This paper investigates the global dynamics of a two-dimensional Diamond-type overlapping generations model extended to allow for government intervention. Using a singular perturbation method, we identify conditions under which transverse homoclinic points to the golden rule steady state are generat
✦ LIBER ✦
General dynamics in overlapping generations models
✍ Scribed by Carmen Carrera; Manuel Morán
- Publisher
- Elsevier Science
- Year
- 1995
- Tongue
- English
- Weight
- 996 KB
- Volume
- 19
- Category
- Article
- ISSN
- 0165-1889
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