Future Targets and Multiple Equilibria

Multiple Pareto-rankable equilibria may obtain in an overlapping generations model where consumers save to reach a fixed target. Existence and uniqueness conditions are discussed. The model displays excess consumption sensitivity to current income and perfect old-age insurance.

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Main Authors:	GUHA, Ashok S., GUHA, Brishti
Format:	text
Language:	English
Published:	Institutional Knowledge at Singapore Management University 2005
Subjects:	Multiple equilibria saving overlapping generations excess sensitivity Behavioral Economics Economics
Online Access:	https://ink.library.smu.edu.sg/soe_research/864 https://ink.library.smu.edu.sg/context/soe_research/article/1863/viewcontent/futuretargets.pdf
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Institution:	Singapore Management University
Language:	English

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record_format	dspace
spelling	sg-smu-ink.soe_research-18632019-05-04T08:47:44Z Future Targets and Multiple Equilibria GUHA, Ashok S. GUHA, Brishti Multiple Pareto-rankable equilibria may obtain in an overlapping generations model where consumers save to reach a fixed target. Existence and uniqueness conditions are discussed. The model displays excess consumption sensitivity to current income and perfect old-age insurance. 2005-10-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/soe_research/864 https://ink.library.smu.edu.sg/context/soe_research/article/1863/viewcontent/futuretargets.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Multiple equilibria saving overlapping generations excess sensitivity Behavioral Economics Economics
institution	Singapore Management University
building	SMU Libraries
continent	Asia
country	Singapore Singapore
content_provider	SMU Libraries
collection	InK@SMU
language	English
topic	Multiple equilibria saving overlapping generations excess sensitivity Behavioral Economics Economics
spellingShingle	Multiple equilibria saving overlapping generations excess sensitivity Behavioral Economics Economics GUHA, Ashok S. GUHA, Brishti Future Targets and Multiple Equilibria
description	Multiple Pareto-rankable equilibria may obtain in an overlapping generations model where consumers save to reach a fixed target. Existence and uniqueness conditions are discussed. The model displays excess consumption sensitivity to current income and perfect old-age insurance.
format	text
author	GUHA, Ashok S. GUHA, Brishti
author_facet	GUHA, Ashok S. GUHA, Brishti
author_sort	GUHA, Ashok S.
title	Future Targets and Multiple Equilibria
title_short	Future Targets and Multiple Equilibria
title_full	Future Targets and Multiple Equilibria
title_fullStr	Future Targets and Multiple Equilibria
title_full_unstemmed	Future Targets and Multiple Equilibria
title_sort	future targets and multiple equilibria
publisher	Institutional Knowledge at Singapore Management University
publishDate	2005
url	https://ink.library.smu.edu.sg/soe_research/864 https://ink.library.smu.edu.sg/context/soe_research/article/1863/viewcontent/futuretargets.pdf
_version_	1770569325257687040

Future Targets and Multiple Equilibria

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