Chaotic Equilibria in a Small Open Overlapping Generations Economy with Child-Parent Externality
This paper presents a simple overlapping generations model of small open economy with child-parent externality that exhibits chaotic equilibrium dynamics.
Kyoto Institute of Economics Research, Kyoto University
Research Institute for Economics and Business Administration
Rokkodai-cho, Nada-ku, Kobe
Phone: (81) 78 803 7036
Fax: (81) 78 803 7059