An integration of equilibrium theory and turnpike theory
From MaRDI portal
Publication:1050899
DOI10.1016/0304-4068(82)90039-8zbMATH Open0513.90012OpenAlexW2567928570MaRDI QIDQ1050899FDOQ1050899
Authors: Truman F. Bewley 
Publication date: 1982
Published in: Journal of Mathematical Economics (Search for Journal in Brave)
Full work available at URL: http://www.kellogg.northwestern.edu/research/math/papers/405.pdf
Pareto optimalityexistence of equilibriumdiscrete time dynamic modelfinitely many immortal consumersgeneral equilibrium model of Arrow-Debreu typestationary equilibriaturnpike behavior
Cites Work
- Turnpike Theory
- Title not available (Why is that?)
- Title not available (Why is that?)
- An integration of equilibrium theory and turnpike theory
- Title not available (Why is that?)
- Duality theory for dynamic optimization models of economics: The continuous time case
- VALUATION EQUILIBRIUM AND PARETO OPTIMUM
- Global asymptotic stability of optimal control systems with applications to the theory of economic growth
- On the Existence of General Equilibrium for a Competitive Market
- Title not available (Why is that?)
- On Existence of Weakly Maximal Programmes in a Multi-Sector Economy
- On optimal steady states of n-sector growth models when utility is discounted
- Competitive Equilibria on Turnpikes in a Mckenzie Economy, I: A Neighborhood Turnpike Theorem
- Smoothness, Comparative Dynamics, and the Turnpike Property
- The structure and stability of competitive dynamical systems
- Stability of Equilibrium in Dynamic Models of Capital Theory
- Saddle points of Hamiltonian systems in convex Lagrange problems having a nonzero discount rate
- Some Results on the Uniqueness of Steady States in Multisector Models of Optimum Growth When Future Utilities are Discounted
- On Optimal Development in a Multi-Sectoral Economy: the Discounted Case
- Utility over time: The homothetic case
- Markets with Countably Many Commodities
- Title not available (Why is that?)
- Some new results on the local stability of the process of capital accumulation
- The modified golden rule of a multi-sector economy
- Stationary equilibrium
- The second theorem of welfare economics when utilities are interdependent
- Capital Accumulation Optimal in the Final State
- COMPETITIVE EQUILIBRIA WITH INFINITELY MANY COMMODITIES1
Cited In (77)
- The long-run behavior of consumption and wealth dynamics in complete financial market with heterogeneous investors
- Turnpike properties of group testing for incomplete identification
- From general equilibrium to Schumpeter
- Convergence of equilibria in an intertemporal general equilibrium model. A dynamical system approach
- Breaking the circular flow: a dynamic programming approach to Schumpeter
- A functional central limit theorem for equilibrium paths of economic dynamics
- The convergence of optimal forestry control
- Equilibria in abstract economies with a continuum of agents with discontinuous and non-ordered preferences
- Changing economic mechanisms: A model of the transition from budget regulation to the competitive market
- On Markovian collective choice with heterogeneous quasi-hyperbolic discounting
- Voting over investment
- Ramsey's conjecture of social stratification as Fisher's selection principle
- Saddle-point dynamics in non-autonomous models of multisector growth with variable returns to scale
- Strong concavity properties of indirect utility functions in multisector optimal growth models
- Fifty years of mathematical growth theory: classical topics and new trends
- Necessity of a transversality condition in a firm's intertemporal optimization
- Spatial externalities and agglomeration in a competitive industry
- Gross substitutability in large-square economies
- Stochastic turnpike property and stationary equilibrium
- Efficient Ramsey equilibria
- Destabilization effect of international trade in a perfect foresight dynamic general equilibrium model
- Existence of competitive equilibrium in an optimal growth model with heterogeneous agents and endogenous leisure
- On Ramsey's conjecture
- Structure of Pareto optima in an infinite-horizon economy where agents have recursive preferences
- The turnpike of dynamic general equilibrium paths and its insensitivity to initial conditions
- Indeterminacy in a dynamic two-country model
- Equilibria of a stationary economy with recursive preferences
- Introduction to a general equilibrium approach to economic growth
- On time-consistent policy rules for heterogeneous discounting programs
- A primal route to the turnpike and Lyapunov stability
- Von Neumann facets and the dynamic stability of perfect foresight equilibrium paths in neo-classical trade models
- Global stability and the ``turnpike in optimal unbounded growth models
- Determinacy of equilibrium in stationary economies with both finite and infinite lived consumers
- Poverty traps, indeterminacy, and the wealth distribution
- On the long-run distribution of capital in the Ramsey model
- Equilibrium turnpike theory with time-separable utility
- Trade, redistribution and indeterminacy
- A characterization of Ramsey equilibrium
- The economics of orchards: An exercise in point-input, flow-output capital theory
- On unbounded growth with heterogeneous consumers
- Growth and distribution in a model with endogenous time preferences and borrowing constraints
- An integration of equilibrium theory and turnpike theory
- Interlinkage in the endogenous real business cycles of international economies
- Core and competitive equilibria of a coalitional exchange economy with infinite time horizon
- Asymptotic properties of a Leontief economy
- Turnpike theorems for Markov games
- Fiscal policy, wealth divergence, and lifetime utility
- An equilibrium in dynamic models of a linearly homogeneous economy
- Optimal policy in OG models
- The primal route to the turnpike and asymptotic stability
- Stochastic equilibria on graphs. II
- A simple dynamic general equilibrium model
- Competitive equilibrium cycles
- Optimal growth with many consumers
- Turnpike theorem: The case when utility is not additively separable with respect to time
- Ramsey equilibrium with liberal borrowing
- Consumption dynamics in general equilibrium: a characterisation when markets are incomplete
- Dynamic interaction models of economic equilibrium
- Dynamic equilibria with unemployment due to undernourishment
- Temporary transfers in a simple dynamic general equilibrium model
- The dynamics of efficient intertemporal allocations with many agents, recursive preferences, and production
- Optimal agglomerations in dynamic economics
- Dynamic stability in a two-country model of optimal growth and international trade
- Heterogeneous time preferences and the distribution of wealth
- On the dynamics of inequality
- The dynamics of competitive equilibrium allocations with borrowing constraints
- Competitive equilibria of a large exchange economy on the commodity space ℓ∞
- Trade and indeterminacy in a dynamic general equilibrium model
- A characterization of Ramsey equilibrium in a model with limited borrowing
- Economic growth models with heterogeneous discounting
- The existence of core allocations in a one sector model of capital accumulation
- On impatience, temptation and Ramsey's conjecture
- Equilibrium dynamics in an aggregative model of capital accumulation with heterogeneous agents and elastic labor
- General existence of competitive equilibrium in the growth model with an endogenous labor-leisure choice
- The stochastic turnpike property without uniformity in convex aggregate growth models
- Convergence of equilibria in an intertemporal general equilibrium model
- Rational expectations equilibrium: An alternative approach
This page was built for publication: An integration of equilibrium theory and turnpike theory
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1050899)
