Sufficient conditions for existence of optimal monetary equilibria in consumption-loan non-stationary OLG economies plus a backward-induction algorithm that constructs them as limits of nested compact sets from tail economies.
Nonmonetary steady states in stationary overlapping gener- ations models with long lived agents and discounting: Multiplicity, optimality, and consumption smoothing
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Existence and Calculation of Optimal Monetary Equilibria on Overlapping Generations Economies
Sufficient conditions for existence of optimal monetary equilibria in consumption-loan non-stationary OLG economies plus a backward-induction algorithm that constructs them as limits of nested compact sets from tail economies.