𝔖 Bobbio Scriptorium
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VIABILITY AND STABILITY IN LINEAR MODELS

✍ Scribed by P. Newman


Book ID
111043947
Publisher
John Wiley and Sons
Year
1961
Tongue
English
Weight
174 KB
Volume
13
Category
Article
ISSN
0026-1386

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In this paper we shall consider the multi-cohort generalization of overlapping generations models, namely overlapping cohorts (OLC) models. Each time-period consumers of different ages form expectations on future interest rates and conditionally maximize utility arising from their remaining consumpt