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Labor Taxation in Search Equilibrium with Home Production

โœ Scribed by Bertil Holmlund


Book ID
108561058
Publisher
John Wiley and Sons
Year
2002
Tongue
English
Weight
128 KB
Volume
3
Category
Article
ISSN
1465-6485

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Computing equilibrium in OLG models with
โœ Dirk Krueger; Felix Kubler ๐Ÿ“‚ Article ๐Ÿ“… 2004 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 355 KB

In this paper we develop a projection algorithm to approximate equilibria in overlapping generations economies with a large number of generations and stochastic aggregate production. In these types of economies the state space includes the distribution of wealth across generations. We use Smolyak's