On optimal growth under uncertainty
From MaRDI portal
Publication:1240141
DOI10.1016/0022-0531(75)90022-8zbMath0362.90024OpenAlexW2086875216MaRDI QIDQ1240141
Itzhak Zilcha, Leonard J. Mirman
Publication date: 1975
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0022-0531(75)90022-8
Related Items (70)
On learning and growth ⋮ Stochastic growth when utility depend on both consumption and the stock level ⋮ Strategic interactions in a one-sector growth model ⋮ Differentiability of the value function without interiority assumptions ⋮ Note on positive lower bound of capital in the stochastic growth model ⋮ COMPARATIVE DYNAMICS IN STOCHASTIC MODELS WITH RESPECT TO THEL∞–L∞DUALITY: A DIFFERENTIAL APPROACH ⋮ THE EQUITY PREMIUM IN CONSUMPTION AND PRODUCTION MODELS ⋮ Capital deepening and impatience equivalence in stochastic aggregative growth models ⋮ Optimal growth in a stochastic environment: Some sensitivity and turnpike results ⋮ A qualitative approach to Markovian equilibrium on optimal growth under uncertainty ⋮ On the possibility of extinction in a class of Markov processes in economics ⋮ Propensity to consume and the optimality of Ramsey-Euler policies ⋮ Markovian equilibrium in infinite horizon economies with incomplete markets and public policy ⋮ Cantor Type Invariant Distributions in the Theory of Optimal Growth under Uncertainty ⋮ Optimal intertemporal allocation mechanisms and decentralization of decisions ⋮ Stationary Ramsey equilibria under uncertainty ⋮ Turnpike theorems for Markov games ⋮ Reverse calculus and nested optimization ⋮ Recursive competitive equilibrium: a parametric example ⋮ Stochastic optimal growth with a non-compact state space ⋮ Optimality of Ramsey-Euler policy in the stochastic growth model ⋮ Stochastic optimal growth with nonconvexities ⋮ Bliss and the permanent income hypothesis ⋮ A new look at optimal growth under uncertainty ⋮ Sustained positive consumption in a model of stochastic growth: the role of risk aversion ⋮ A nonsmooth approach to envelope theorems ⋮ Stochastic growth, conservation of capital and convergence to a positive steady state ⋮ Stochastic growth with irreversible investment ⋮ Fractal attractors and singular invariant measures in two-sector growth models with random factor shares ⋮ Capital accumulation and the optimization of renewable resource models ⋮ A version of the Euler equation in discounted Markov decision processes ⋮ Optimal growth with experimentation ⋮ Stochastic optimal growth with risky labor supply ⋮ Competitive equilibrium and public investment plans ⋮ Controlling a biological invasion: a non-classical dynamic economic model ⋮ Smooth dynamics and computation in models of economic growth ⋮ Stochastic dynamic models with stock-dependent rewards ⋮ Irreversibility and the behavior of aggregate stochastic growth models ⋮ Cantor type attractors in stochastic growth models ⋮ Martingale analysis of dynamic tax incidence in a nonstationary growth model ⋮ Stochastic optimal growth with bounded or unbounded utility and with bounded or unbounded shocks ⋮ The stochastic turnpike property without uniformity in convex aggregate growth models ⋮ Smooth dynamics and computation in models of economic growth ⋮ A qualitative approach to Markovian equilibrium in infinite horizon economies with capital ⋮ Stochastic growth with short-run prediction of shocks ⋮ Stochastic technology shocks in an extended Uzawa-Lucas model: closed-form solution and long-run dynamics ⋮ Dynamic optimization in non-convex models with irreversible investment: Monotonicity and turnpike results ⋮ Stability of stochastic optimal growth models: a new approach ⋮ Characterization by prices of optimal programs under uncertainty ⋮ Stochastic growth with social-status concern: the existence of a unique stable distribution ⋮ Endogenous time preference and optimal growth ⋮ On optimal growth under uncertainty ⋮ Characterizing optimal policies in a one-sector model of economic growth under uncertainty ⋮ Mean growth and stochastic stability in endogenous growth models ⋮ Martingale conditions for optimal saving-discrete time ⋮ Equilibrium storage with multiple commodities ⋮ On Lipschitz continuity of the iterated function system in a stochastic optimal growth model ⋮ Optimal growth and uncertainty: Learning ⋮ Unnamed Item ⋮ Stochastic optimal policies when the discount rate vanishes ⋮ On the term structure of interest rates ⋮ Recursive utility and the Ramsey problem ⋮ Sensitivity analysis of multisector optimal economic dynamics ⋮ Grouping for optimal growth ⋮ The distribution of wealth with imperfect altruism ⋮ Stochastic growth with correlated production shocks ⋮ Stationary cardinal utility and optimal growth under uncertainty ⋮ Stochastic optimal growth with unbounded shock ⋮ Existence and uniqueness of equilibrium in distorted dynamic economies with capital and labor ⋮ Observational equivalence of the overlapping generations and the discounted dynamic programming frameworks for one-sector growth
Cites Work
This page was built for publication: On optimal growth under uncertainty
