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Equilibrium price dynamics in an overlapping generations exchange economy

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Figure

Figure 1: Graph of the Lambert WLambertset [-function. The principal branch of the W-function, W0(x), is defined for x ≥ −1/e and takes values in the−1, +∞)
Figure 2: Roots λ(33), we have,age of endowment distribution, for1 = −γ and λ2 of equation (30) as a function of a1 — the ρ = 0.025, µ = 0.015 and γ = 0.02
Figure 3: Critical age acri as a function of (µ+ρ), for γ = 0.02, and calculatedfrom (33)
Figure 4: Roots λand1,2,3 of equation (35) as a function of ar, for ρ = γ = 0.02 µ = 0.015.
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