Recursive Competitive Equilibrium: The Case of Homogeneous Households

@article{prescott-mehra-80, abstract = {Recursive equilibrium theory is extended and generalized. Optimality of equilibria and supportability of optima are established in a direct way. Four economic applications are reformulated as recursive competitive equilibria and analyzed.}, author = {Prescott, Edward C. and Mehra, Rajnish}, citeulike-article-id = {93177}, journal = {Econometrica}, keywords = {aarmacro, macroeconomics, seminal}, number = {6}, pages = {1365--1379}, posted-at = {2005-02-11 11:48:34}, priority = {4}, title = {Recursive Competitive Equilibrium: The Case of Homogeneous Households}, url = {http://www.jstor.org/stable/1912812}, volume = {48}, year = {1980} }

TY - JOUR ID - prescott-mehra-80 L3 - citeulike-article-id:93177 N2 - Recursive equilibrium theory is extended and generalized. Optimality of equilibria and supportability of optima are established in a direct way. Four economic applications are reformulated as recursive competitive equilibria and analyzed. IS - 6 JF - Econometrica EP - 1379 TI - Recursive Competitive Equilibrium: The Case of Homogeneous Households VL - 48 SP - 1365 KW - aarmacro KW - macroeconomics KW - seminal AU - Prescott, Edward AU - Mehra, Rajnish PY - 1980/// UR - http://www.jstor.org/stable/1912812 ER -