Multiple steady states, indeterminacy, and cycles in a basic model of endogenous growth

DOI10.1007/BF01237247zbMATH Open0855.90019OpenAlexW2075010718MaRDI QIDQ1923976FDOQ1923976

Alfred Greiner, Willi Semmler

Publication date: 13 October 1996

Published in: Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf01237247

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zbMATH Keywords

learning by doingendogenous growthmultiple steady statesindeterminacy of equilibriapersistent cycles

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

• Indeterminacy and increasing returns
• Title not available (Why is that?)
• Optimal Growth with Intertemporally Dependent Preferences
• Uniqueness and indeterminacy: On the dynamics of endogenous growth
• Growth and Indeterminancy in Dynamic Models with Externalities
• Externalities and Dynamics in Models of "Learning or Doing"
• The Hopf bifurcation and the existence and stability of closed orbits in multisector models of optimal economic growth
• Monopolistic competition, indeterminacy and growth
• Title not available (Why is that?)
• Cake Eating, Chattering, and Jumps: Existence Results for Variational Problems
• Public capital and patterns of growth in the presence of threshold externalities
• Endogeneous growth and the balanced growth equilibrium
• Threshold externalities and cyclical growth in a stylized model of capital accumulation

Cited In (12)

• Indeterminacy, sunspots, and development traps
• Title not available (Why is that?)
• Stability and limit cycles in competitive equilibria subject to adjustment costs and dynamic spillovers.
• Endogenous cycles in discrete symmetric multisector optimal growth models
• Addictive behavior and endogenous growth
• Transition dynamics in an \(AK\) growth model under wage rigidity
• Global indeterminacy in an endogeneous-growth model with public capital
• Endogenous growth and wave-like business fluctuations
• Patent protection, capital accumulation, and economic growth
• Learning by doing, endogenous discounting and economic development
• Endogenous growth cycles
• On learning to forecast in an endogenous growth model with externalities

Uses Software

• Mathematica

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