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Tiziana Assenza, Anna Agliari, Domenico Delli Gatti, Emiliano Santoro

Public reference bibliography and cataloged PDF materials authored or published by Tiziana Assenza, Anna Agliari, Domenico Delli Gatti, Emiliano Santoro.

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Borrowing Constraints and Complex Dynamics in an OLG Framework

Year: 2009 • Source: hal.science • Listed PDF

In this paper we model an OLG economy à la Kiyotaki and Moore whose novel feature is the role of money as a store of value and of bequest as a source of funds to be "invested" in landholding. The dynamics generated by th...