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Macmillan Higher Education Palgrave Higher Education

Overlapping Generations Economies

ISBN 9780230243330
Publication Date June 2010
Formats Hardcover Ebook Paperback 
Publisher Palgrave

This book contains an analysis of overlapping generations' economies. Both traditional issues of microeconomics such as the existence of equilibrium and optimality of equilibrium allocations and new issues such as fluctuations, exchange rates and endogenous growth are studied.

MICH TVEDE is Professor in the Department of Economics, University of Copenhagen, Denmark. His research interests include consumer theory, economic dynamics, general equilibrium and incomplete financial markets

PART I: OVERLAPPING GENERATIONS ECONOMIES
Pure Exchange OG Economies
Optimality
Optimal Growth Economies
Stationary OG Economies
Fluctuations
Currencies 
OG Economies with Production
Endogenous Growth
PART II: CONSUMERS AND FIRMS
Consumers
Preferred Sets and Support Functions
Consumers under Uncertainty 
Firms
Appendix A: Sequences, Sets and Functions
Appendix B: Differentiability of Functions 
Appendix C: Separation of Convex Sets
Appendix D: Dynamical Systems
References

Reviews

"Tvede understands what matters. His focused, precise exposition of the model of overlapping generations is of exemplary clarity." - Herakles Polemarchakis, Professor of Economics. University of Warwick
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