Stochastic turnpike property and stationary equilibrium

DOI10.1016/0022-0531(89)90021-5zbMath0666.90020OpenAlexW2046534870MaRDI QIDQ1117130

Ramon Marimon

Publication date: 1989

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

Full work available at URL: https://doi.org/10.1016/0022-0531(89)90021-5

zbMATH Keywords

stationary equilibriumstability propertiesinfinitely lived consumersturnpike theoryinterior equilibriumhomogeneous discount factorsstochastic equilibrium growth model

Mathematics Subject Classification ID

Economic growth models (91B62) General equilibrium theory (91B50)

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