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Recursive equilibrium in stochastic OLG economies

Author

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  • P. Siconolfi

    (Columbia Business School)

  • A. Citanna

    (HEC - Paris and Columbia Business School)

Abstract

We prove generic existence of recursive equilibrium for overlapping generations economies with uncertainty. The result holds provided there is sufficient intragenerational household heterogeneity.

Suggested Citation

  • P. Siconolfi & A. Citanna, 2007. "Recursive equilibrium in stochastic OLG economies," 2007 Meeting Papers 777, Society for Economic Dynamics.
    • Handle: RePEc:red:sed007:777
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    References listed on IDEAS

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