Von Neumann facets and the dynamic stability of perfect foresight equilibrium paths in neo-classical trade models

DOI10.1007/BF01227366zbMath0689.90016MaRDI QIDQ582192

Makoto Yano

Publication date: 1990

Published in: Journal of Economics (Search for Journal in Brave)

zbMATH Keywords

asymptotic stability; stability properties; neo-classical production functions; perfect foresight equilibrium path; time-phased trade models; von Neumann facets

Mathematics Subject Classification ID

93D05: Lyapunov and other classical stabilities (Lagrange, Poisson, (L^p, l^p), etc.) in control theory

91B66: Multisectoral models in economics

91B62: Economic growth models

Related Items

International linkage of inflation rates in a dynamic general equilibrium, Temporary transfers in a simple dynamic general equilibrium model, General existence of competitive equilibrium in the growth model with an endogenous labor-leisure choice, Destabilization effect of international trade in a perfect foresight dynamic general equilibrium model

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