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- W2014531445 abstract "Abstract In a consumption loans model with many generations, Gale's theorem on the existence of balanced equilibrium is generalized, allowing more general preferences. The new theorem shows that there are plausible conditions under which there exists a Pareto optimal (non-optimal) balanced equilibrium whenever there exists (does not exist) a monetary golden rule equilibrium." @default.
- W2014531445 created "2016-06-24" @default.
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- W2014531445 date "1983-04-01" @default.
- W2014531445 modified "2023-09-27" @default.
- W2014531445 title "Balanced equilibrium in a consumption loans model" @default.
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- W2014531445 doi "https://doi.org/10.1016/0022-0531(83)90051-0" @default.
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