On optimal steady states of n-sector growth models when utility is discounted

From MaRDI portal
Revision as of 07:35, 31 January 2024 by Import240129110113 (talk | contribs) (Created automatically from import240129110113)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Publication:1231836

DOI10.1016/0022-0531(76)90026-0zbMath0341.90017OpenAlexW1999576353MaRDI QIDQ1231836

José Alexandre Scheinkman

Publication date: 1976

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(76)90026-0




Related Items (65)

The primal route to the turnpike and asymptotic stabilityThe turnpike of dynamic general equilibrium paths and its insensitivity to initial conditionsCompetitive chaosTurnpike theory. Some new results on the saddle point property of equilibria and on the existence of endogenous cyclesLocal asymptotic stability of optimal steady statesInterlinkage in the endogenous real business cycles of international economiesErgodic chaos in optimal growth models with low discount ratesA new turnpike theorem for discounted programsA turnpike theorem for rolling plansEndogenous cycles in discrete symmetric multisector optimal growth modelsEndogenous cycles with small discounting in multisector optimal growth models: Continuous-time caseUsing nonlinear model predictive control for dynamic decision problems in economicsOn the stability of Invariant Capital Stock in a two-dimensional planning modelOptimal growth and cycles in overlapping generations modelsThe dynamics of efficient intertemporal allocations with many agents, recursive preferences, and productionDeterminacy of equilibrium in stationary economies with both finite and infinite lived consumersOn the indeterminacy of capital accumulation pathsA nonsmooth, nonconvex model of optimal growthTurnpike theorems for Markov gamesA note on comparative statics and dynamics of stationary statesOn the relation between turnpike properties for finite and infinite horizon optimal control problemsLabor market search and capital accumulation: Some analytical resultsThe Hopf bifurcation and the existence and stability of closed orbits in multisector models of optimal economic growthInvariant ideals and their applications to the turnpike theoryFifty years of mathematical growth theory: classical topics and new trendsGlobal stability and the ``turnpike in optimal unbounded growth modelsFurther turnpike properties for general capital accumulation gamesComparative statics in dynamic stochastic models. Differential analysis of a stochastic modified golden rule state in a Banach spaceTemporary transfers in a simple dynamic general equilibrium modelConvergence of equilibria in an intertemporal general equilibrium modelA turnpike theorem for continuous-time optimal-control modelsThe von Neumann facet and a global asymptotic stabilityLimit cycles in dynamic economic systemsDiscounting and long-run behavior: Global bifurcation analysis of a family of dynamical systemsOn non-existence of Markov equilibria in competitive-market economiesRamsey equilibrium in a two-sector model with heterogeneous householdsGlobal asymptotic stability of optimal control systems with applications to the theory of economic growthThe structure and stability of competitive dynamical systemsVon Neumann facets and the dynamic stability of perfect foresight equilibrium paths in neo-classical trade modelsSome new results on the local stability of the process of capital accumulationIntroduction to Hamiltonian dynamics in economicsEndogenous Cycles in Competitive Models: An OverviewSources of complex dynamics in two-sector growth modelsA simple dynamic general equilibrium modelAsymptotical stability of optimal paths in nonconvex problemsPerfect foresight and equilibrium selection in symmetric potential gamesA primal route to the turnpike and Lyapunov stabilityAn integration of equilibrium theory and turnpike theoryNeighborhood turnpike theorem for continuous-time optimization modelsThe long-run behavior of consumption and wealth dynamics in complete financial market with heterogeneous investorsTurnpike theory, discounted utility, and the von Neumann facetBehavior of optimal trajectories in the neighbourhood of an equilibrium pointThe convergence of optimal forestry controlA uniform neighborhood turnpike theorem and applicationsEconomic dynamicsOptimal growth under discounting in the two-sector Robinson–Solow–Srinivasan model: a dynamic programming approach†Optimal growth and Pareto optimalityConvergence of equilibria in an intertemporal general equilibrium model. A dynamical system approachThe envelope theorem in dynamic optimizationCompetitive equilibrium cyclesOn the optimality of limit cycles in dynamic economic systemsThe economics of orchards: An exercise in point-input, flow-output capital theoryA local analysis of stability and regularity of stationary states in discrete symmetric optimal capital accumulation modelsEquilibria of a stationary economy with recursive preferencesDynamic complexity of optimal paths and discount factors for strongly concave problems



Cites Work


This page was built for publication: On optimal steady states of n-sector growth models when utility is discounted