Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/25782
Authors: 
Koskela, Erkki
Puhakka, Mikko
Year of Publication: 
2006
Series/Report no.: 
CESifo working paper 1737
Abstract: 
We investigate dynamics in an overlapping generations economy with Stone-Geary preferences. We show that a steady state exists, and furthermore and importantly, that there can be a multitude of two cycles even though intertemporal elasticity of substitution in consumption exceeds unity.
JEL: 
E21
E32
Document Type: 
Working Paper

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