On the least upper bound of discount factors that are compatible with optimal period-three cycles

DOI10.1006/JETH.1996.0057zbMath0854.90027OpenAlexW4232788458MaRDI QIDQ1919065

Kazuo Nishimura, Makoto Yano

Publication date: 1 August 1996

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

Full work available at URL: https://doi.org/10.1006/jeth.1996.0057

zbMATH Keywords

optimal growthcyclical optimal period-three pathleast upper bound of discount factors

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (14)

Dynamical systems arising from infinite time horizon optimization models ⋮ Endogenous growth cycles ⋮ Incomplete-market dynamics in a neoclassical production economy ⋮ On topological chaos in the Robinson-Solow-Srinivasan model ⋮ Cycles and chaos in the one-sector growth model with elastic labor supply ⋮ Exact parametric restrictions for 3-cycles in the RSS model: a complete and comprehensive characterization ⋮ Business cycles and indeterminacy in economic models: a special issue in honor of Professor Kazuo Nishimura ⋮ Complicated Dynamics and Parametric Restrictions in the Robinson-Solow-Srinivasan (RSS) Model ⋮ Discounting and long-run behavior: Global bifurcation analysis of a family of dynamical systems ⋮ Consistent planning under quasi-geometric discounting ⋮ Wealth inequality, preference heterogeneity and macroeconomic volatility in two-sector economies ⋮ Money taxes and efficiency when sunspots matter ⋮ Some notes on discount factor restrictions for dynamic optimization problems ⋮ A uniform neighborhood turnpike theorem and applications

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