Abstract:
In the paper, the study of the economy model with endogeneous investment is continued in the situation when investment process is time-unbounded and investors (alias consumers) form overlapping generations. As opposed to previously considered cases, the consumption space is infinite dimensional, though for each specified generation the accessible goods form a finite set. Existence of an equilibrium price trajectory as well as an equilibrium inter-temporal allocation is proved, which are obtained as limits of convergent sequences in the weak topology of infinite dimensional real space. Bibl. 7.