Mordecai Kurz

The Market Power of Technology

Understanding the Second Gilded Age

Since the 1980s, the United States has regressed to a level of economic inequality not seen since the Gilded Age in the late nineteenth century. At th...

Assets, Beliefs, and Equilibria in Economic Dynamics

Essays in Honor of Mordecai Kurz

A collection of papers dealing with a broad range of topics in mathematical economics, game theory and economic dynamics. The contributions present bo...

Social Security and Capital Formation

The Funding Controversy

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Public Investment, the Rate of Return, and Optimal Fiscal Policy

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Private Pensions and Capital Formation

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The Funding Issue and Modern Growth Theory

Technical Paper

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Endogenous Economic Fluctuations

Studies in the Theory of Rational Beliefs

The book presents a new theory of expectations called "rational beliefs". Contrary to the standard theory which views the origin of uncertainty as bei...

Endogenous Uncertainty in a General Equilibrium Model with Price Contingent Contracts

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Asset Prices with Rational Beliefs

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Cordination and Correlation in Markov Rational Belief Equilibria

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Endogenous Fluctuations and the Role of Monetary Policy

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General Equilibrium with Endogenous Uncenrtainty

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