MULTIDIMENSIONAL TRANSITIONAL DYNAMICS: A SIMPLE NUMERICAL PROCEDURE

DOI10.1017/S1365100507070034MaRDI QIDQ3506457zbMATH OpenOpenAlexFDO

Authors Timo Trimborn, Karl-Josef Koch, Thomas Steger

Publication date 13 June 2008

Published in Macroeconomic Dynamics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1017/s1365100507070034

zbMATH Keywords

continuous time growth modelsmultidimensional stable manifoldssaddle-point problemstransitional dynamics

Mathematics Subject Classification ID

Economic growth models (91B62)

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Cites work

• An algorithm competition: First-order iterations versus Newton-based techniques
• Convergence in a two-sector nonscale growth model
• Differential-difference equations in economics
• Discrete-Time Finite Horizon Approximation of Infinite Horizon Optimization Problems with Steady-State Invariance
• scientific article; zbMATH DE number 639550 (Why is no real title available?)
• Optimal time aggregation of infinite horizon control problems
• Projection methods for solving aggregate growth models
• Solution of perfect foresight saddlepoint problems: a simple method and applications.
• Temporal aggregation in a multi-sector economy with endogenous growth
• Uniqueness and indeterminacy: On the dynamics of endogenous growth

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(12)

• Harberger-Laursen-Metzler effect with modified Becker-Mulligan preference by dynamic optimization
• Distributional consequences of surging housing rents
• Effects of blocking patents on R\&D: a quantitative DGE analysis
• Social infrastructure and the preservation of physical capital: equilibria and transitional dynamics
• What can catastrophic events tell us about sustainability?
• Solution of continuous-time dynamic models with inequality constraints
• Dynamically optimal R\&D subsidization
• Explicit transitional dynamics in growth models
• Who pays the bill? Climate change, taxes, and transfers in a multi-region growth model
• Transition dynamics in endogenous recombinant growth models by means of projection methods
• Capital misallocation and economic development in a dynamic open economy
• The legacy of policy inaction in climate-growth models

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