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The selection of preferences in OLG models with endogenous heterogeneity
(Centro de Investigación y Docencia Económicas, División de Economía, 2003)
We present a model for the selection of preferences in an Overlaping Generations setting with heterogeneous agents. The distribution of agents' types evolves according to a SPS dynamics {Sign-Preserving Selection dynamics} ...
Alternative dynamics and stability results in OLG model: an interpretation
(Centro de Investigación y Docencia Económicas, División de Economía, 2003)
In this paper we make a critic of the standard stability results already established in a basic two period OLG model. Under an alternative interpretation of the model we obtain in a more general setting that the economy ...