Business cycles in a two-sided altruism model

HIGHLIGHTS

• who: Hiroshi Fujiu from the (UNIVERSITY) have published the research work: Business Cycles in a Two-Sided Altruism Model, in the Journal: Mathematics 2021, 9, 2054. of /2021/
• what: This study shows that business cycles with complex periodic fluctuations may arise in an overlapping generations model with two-sided altruism. This study examines time-inconsistent preferences, which have been studied by Strotz ; Phelps and Pollak ; Laibson . (6) 2a 2a b t in Appendix A. Note that the authors show the derivation of U This study shows that the dynamic equation may generate a chaotic dynamic . . .
  

   

  

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