Unstable and stable steady-states in the Kiyotaki-Wright model

DOI10.1007/S001990050188MaRDI QIDQ1376955zbMATH OpenOpenAlexFDO

Authors Juan-Manuel Renero

Publication date 1 February 1998

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s001990050188

zbMATH Keywords

stabilityKiyotaki-Wright modeltwo-period-convergent equilibria

Mathematics Subject Classification ID

Economic growth models (91B62)

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