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- W2056358506 abstract "This paper concerns the existence of Markov perfect equilibria in altruistic growth economies. Previous work on deterministic models has established existence only under extremely restrictive conditions. We show that the introduction of production uncertainly yields an existence theorem for aggregative infinite horizon models with very general forms of altruism. Journal of Economic Literature Classification Numbers:" @default.
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- W2056358506 date "1989-02-01" @default.
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- W2056358506 title "Markov perfect equilibria in altruistic growth economies with production uncertainty" @default.
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- W2056358506 doi "https://doi.org/10.1016/0022-0531(89)90109-9" @default.
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