具有财政赤字的OLG竞争商业周期

COMPETITIVE BUSINESS CYCLES IN AN OLG ECONOMY WITH DEFICITS

讨论平面上ＯＬＧ模型的均衡解的稳定性，并利用一个类似稳定流形定理的结论，把二维动力系统化为一维动力系统，从而在整体上研究带有国家财政赤字的ＯＬＧ模型．

The stability of the equilibrium solution is discussed in the OLG model of planner system, With a result close to the stable manifold theorem,the dimension of the problem is reduced, then the paper provides a global analysis of the dynamics of the model.