13651005_16-S1.qxd 3/19/12 9:41 PM Page 1 Macroeconomic Dynamics Vol. 16, Supplement 1, April 2012 Pages 1–166 16, Supplement 1, April 2012 Pages Dynamics Vol. Macroeconomic VOLUME 16, SUPPLEMENT 1, APRIL 2012 MACROECONOMIC DYNAMICS Volume 16, Supplement 1, April 2012 Contents Special Issue in Honor of Kazuo Nishimura on Nonlinear Dynamics in Equilibrium Models Edited by John Stachursky, Alain Venditti, and Mahoto Yano INTRODUCTION Introduction to Macroeconomic Dynamics Special Issue in Honor of Kazuo Nishimura: Nonlinear Dynamics in Equilibrium Models John Stachurski, Alain Venditti, and Makoto Yano 1 ARTICLES MACROECONOMIC Tribute to Kazuo Nishimura Jean-Michel Grandmont 5 Efficient Ramsey Equilibria DYNAMICS Robert A. Becker and Tapan Mitra 18 Existence of Competitive Equilibrium in an Optimal Growth Model with Heterogeneous Agents and Endogenous Leisure Aditya Goenka, Cuong Le Van, and Manh-Hung Nguyen 33 Discrete Choice and Complex Dynamics in Deterministic Optimization Problems Takashi Kamihigashi 52 Long-Run Optimal Behavior in a Two-Sector Robinson–Solow–Srinivasan Model M. Ali Khan and Tapan Mitra 70 Endogenous Business Cycles in Overlapping-Generations Economies with Multiple Consumption Goods Carine Nourry and Alain Venditti 86 Does the Capital Intensity Matter? Evidence from the Postwar Japanese Economy and Other OECD Countries Harutaka Takahashi, Koichi Mashiyama, and Tomoya Sakagami 103 Bounding Tail Probabilities in Dynamic Economic Models John Stachurski 117 Comparative Dynamics in Stochastic Models with Respect to the L∞–L∞ Duality: A Differential Approach Kenji Sato and Makoto Yano 127 The Equity Premium in Consumption and Production Models EDITOR: WILLIAM A. BARNETT Levent Akdeniz and W. Davis Dechert 139 Does Fiscal Policy Matter? Blinder and Solow Revisited Roger E. A. Farmer and Dmitry Plotnikov 149 Cambridge Journals Online For further information about this journal please go to the journal website at: journals.cambridge.org/mdy Downloaded from https://www.cambridge.org/core. IP address: 170.106.35.76, on 01 Oct 2021 at 23:46:38, subject to the Cambridge Core terms of use , available at https://www.cambridge.org/core/terms. https://doi.org/10.1017/S1365100512000387 13651005_16-S1.qxd 3/19/12 9:41 PM Page 2 MACROECONOMIC DYNAMICS MACROECONOMIC DYNAMICS Editor: William A. Barnett, University of Kansas, Department of Economics, 356 Snow Hall, 1460 Jayhawk Notes for Contributors Boulevard, Lawrence, KS 66045–7523, USA. Book Review Editors: Michele Boldrin, Department of Economics, Washington University, One Brookings Contributions. 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