Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/287073 
Erscheinungsjahr: 
2021
Quellenangabe: 
[Journal:] Computational Economics [ISSN:] 1572-9974 [Volume:] 60 [Issue:] 3 [Publisher:] Springer US [Place:] New York, NY [Year:] 2021 [Pages:] 1135-1154
Verlag: 
Springer US, New York, NY
Zusammenfassung: 
We contribute to the field of Ramsey-type equilibrium models with heterogeneous agents. To this end, we state such a model in a time-continuous and time-discrete form, which in the latter case leads to a finite-dimensional mixed complementarity problem. We prove the existence of solutions of the latter problem using the theory of variational inequalities and present further properties of its solutions. Finally, we compute the growth dynamics in a calibrated model in which households differ with respect to their relative risk aversion, their discount factors, their initial wealth, and with respect to their interest rates on savings.
Schlagwörter: 
Ramsey-type growth models
Heterogeneous agents
Equilibrium modeling
Mixed complementarity problems
JEL: 
N40
B62
Cxx
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Dokumentart: 
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Dokumentversion: 
Published Version

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