Recursive Competitive Equilibrium
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NBER Working Paper No. 12433*
Issued in August 2006
NBER Program(s): AP
EFG
IFM
In this article we define a Recursive Competitive Equilibrium, provide an example and review the related literature. The article is an entry prepared for The New Palgrave: A Dictionary of Economics, 2nd Edition (Palgrave Macmillan: New York).
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James Poterba is President of the National Bureau of Economic Research.
He is also the Mitsui Professor of Economics at M.I.T.
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