Markov perfect Nash equilibria in models with a single capital stock
E Dockner, F Wagener - Economic Theory, 2014 - Springer
Many economic problems can be formulated as dynamic games in which strategically
interacting agents choose actions that determine the current and future levels of a single …
interacting agents choose actions that determine the current and future levels of a single …
Intertemporal equilibrium with financial asset and physical capital
We build an infinite-horizon dynamic deterministic general equilibrium model with imperfect
markets (borrowing constraints), in which heterogeneous agents invest in capital or/and …
markets (borrowing constraints), in which heterogeneous agents invest in capital or/and …
On existence and bubbles of Ramsey equilibrium with borrowing constraints
We study the existence of equilibrium and rational bubbles in a Ramsey model with
heterogeneous agents, borrowing constraints and endogenous labor. Applying Kakutani's …
heterogeneous agents, borrowing constraints and endogenous labor. Applying Kakutani's …
A characterization of Ramsey equilibrium in a model with limited borrowing
K Borissov, RS Dubey - Journal of Mathematical Economics, 2015 - Elsevier
This paper considers a one-sector economic growth model with several infinitely-lived
heterogeneous households, who differ both in the discount factors as well as preferences …
heterogeneous households, who differ both in the discount factors as well as preferences …
(Non-Monotonic) Effects of Productivity and Credit Constraints on Equilibrium Aggregate Production in General Equilibrium Models with Heterogeneous Producers
NS Pham - arXiv preprint arXiv:2501.12700, 2025 - arxiv.org
In a market economy, the aggregate production level depends not only on the aggregate
variables but also on the distribution of individual characteristics (eg, productivity, credit …
variables but also on the distribution of individual characteristics (eg, productivity, credit …
Asset bubbles and efficiency in a generalized two-sector model
We consider a multi-sector infinite-horizon general equilibrium model. The issues of
equilibrium existence, efficiency, and bubble emergence are addressed. We show how …
equilibrium existence, efficiency, and bubble emergence are addressed. We show how …
Ramsey equilibrium with liberal borrowing
This paper considers a multi-agent one-sector Ramsey equilibrium growth model with
borrowing constraints. The extreme borrowing constraint used in the classical version of the …
borrowing constraints. The extreme borrowing constraint used in the classical version of the …
A time consistent dynamic bargaining procedure in differential games with hterogeneous discounting
A Castañer, J Marín-Solano, C Ribas - Mathematical Methods of …, 2021 - Springer
We study cooperative solutions for differential games where players consume a common
property resource. Players are asymmetric, in the sense that they have different preferences …
property resource. Players are asymmetric, in the sense that they have different preferences …
Introduction to financial frictions and debt constraints
Introduction to financial frictions and debt constraints - ScienceDirect Skip to main contentSkip
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