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Alternative dynamics and stability results in a standard OLG model: an interpretation
(Centro de Investigación y Docencia Ecónomicas, 2004)
In this paper we make a critique of the standard stability results already established in a basic two period OLG model. Under an alternative interpretation (competitive financial markets), we are able to select the test ...
Cyclic pricing by a durable goods monopolist: corrigendum
(Centro de Investigación y Docencia Ecónomicas, 2002)
In this paper we make a new analysis of the model presented in Conlisk, Gerstner and Sobel (1984). They propose a model in discrete time, such that at each period a new cohort of agents enters the market —each cohort is ...