Stochastic growth with correlated production shocks

DOI10.1016/0022-0531(83)90049-2zbMath0512.90029MaRDI QIDQ1050248

Rajnish Mehra, John B. Donaldson

Publication date: 1983

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

Full work available at URL: https://doi.org/10.1016/0022-0531(83)90049-2

zbMATH Keywords

stationary distribution; stochastic growth model; correlated production shocks; optimal savings and consumption policies

Mathematics Subject Classification ID

91B62: Economic growth models

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Recursive competitive equilibrium: a parametric example, On the term structure of interest rates, Note on positive lower bound of capital in the stochastic growth model, A qualitative approach to Markovian equilibrium on optimal growth under uncertainty, Estimation by simulation of monotone dynamical systems, Stochastic growth with short-run prediction of shocks, Stability of stochastic optimal growth models: a new approach, Stochastic optimal growth with unbounded shock, Simulation-based estimation of dynamic models with continuous equilibrium solutions, Stochastic optimal growth with risky labor supply

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