Multiple Equilibrium in the Diamond Capital Model.
When the EIS varies with consumption, multiple, even uncountably many, steady-state solutions may be obtained to the Diamond Capital Model. The many equilibria are solutions to a differential equation for the EIS value. This technique has general application.
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| Format: | Journal article |
| Language: | English |
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Elsevier
2008
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| _version_ | 1826261762783051776 |
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| author | Bliss, C |
| author_facet | Bliss, C |
| author_sort | Bliss, C |
| collection | OXFORD |
| description | When the EIS varies with consumption, multiple, even uncountably many, steady-state solutions may be obtained to the Diamond Capital Model. The many equilibria are solutions to a differential equation for the EIS value. This technique has general application. |
| first_indexed | 2024-03-06T19:25:49Z |
| format | Journal article |
| id | oxford-uuid:1ba8acf8-2284-443d-9d39-cc65c329158e |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-06T19:25:49Z |
| publishDate | 2008 |
| publisher | Elsevier |
| record_format | dspace |
| spelling | oxford-uuid:1ba8acf8-2284-443d-9d39-cc65c329158e2022-03-26T11:01:37ZMultiple Equilibrium in the Diamond Capital Model.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:1ba8acf8-2284-443d-9d39-cc65c329158eEnglishDepartment of Economics - ePrintsElsevier2008Bliss, CWhen the EIS varies with consumption, multiple, even uncountably many, steady-state solutions may be obtained to the Diamond Capital Model. The many equilibria are solutions to a differential equation for the EIS value. This technique has general application. |
| spellingShingle | Bliss, C Multiple Equilibrium in the Diamond Capital Model. |
| title | Multiple Equilibrium in the Diamond Capital Model. |
| title_full | Multiple Equilibrium in the Diamond Capital Model. |
| title_fullStr | Multiple Equilibrium in the Diamond Capital Model. |
| title_full_unstemmed | Multiple Equilibrium in the Diamond Capital Model. |
| title_short | Multiple Equilibrium in the Diamond Capital Model. |
| title_sort | multiple equilibrium in the diamond capital model |
| work_keys_str_mv | AT blissc multipleequilibriuminthediamondcapitalmodel |