• Title of article

    Constraints in perfect-foresight models: The case of old-age savings and public pensions

  • Author/Authors

    Lex Meijdam، نويسنده , , Marijn Verhoeven، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1995
  • Pages
    9
  • From page
    129
  • To page
    137
  • Abstract
    The solution of discrete-time perfect-foresight models with constrained state variables differs considerably from the solution of models without constraints. In this paper this is worked out for a simple model of decision making on public pensions.
  • Keywords
    Constraints , Public pensions , Dynamics , Perfect foresight
  • Journal title
    Economics Letters
  • Serial Year
    1995
  • Journal title
    Economics Letters
  • Record number

    433908