AN OVERLAPPING GENERATIONS MODEL CORE EQUIVALENCE THEOREM

被引：4
|
作者：
ALIPRANTIS, CD
BURKINSHAW, O
机构：
[1] Department of Mathematics, IUPUI, Indianapolis
来源：
JOURNAL OF ECONOMIC THEORY | 1990年 / 50卷 / 02期
关键词：
D O I：
10.1016/0022-0531(90)90008-8
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We show that in the overlapping generations model an allocation is a Walrasian equilibrium if and only if the allocation belongs to the short-term core of every replication of the OLG economy-and hence, we establish a core equivalence theorem for the overlapping generations model. © 1990.
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页码：362 / 380
页数：19
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