scholarly journals How long is forever in the laboratory? Three implementations of an infinite-horizon monetary economy

2021 ◽  
Vol 184 ◽  
pp. 278-301
Author(s):  
Janet Hua Jiang ◽  
Daniela Puzzello ◽  
Cathy Zhang
2020 ◽  
pp. 232102222097187
Author(s):  
Rabi Bhattacharya ◽  
Mukul Majumdar

The paper is an exposition of some issues involving sustainability of equitable (stationary) plans in infinite horizon models. We consider examples of deterministic as well as stochastic models. The models provide conditions on the possibility, inevitability or probability of extinction or collapse.


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