Indeterminacy in discrete-time infinite-horizon models with non-linear utility and endogenous labor

DOI10.1016/J.JMATECO.2006.06.002zbMath1152.91666OpenAlexW4247250345MaRDI QIDQ2466885

Kazuo Nishimura, Alain Venditti

Publication date: 16 January 2008

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

Full work available at URL: https://doi.org/10.1016/j.jmateco.2006.06.002

zbMATH Keywords

local indeterminacyelasticity of capital-labor substitutionelasticity of intertemporal substitution in consumptionsector specific externalitieselasticity of labor supply

Mathematics Subject Classification ID

Economic growth models (91B62) Additive difference equations (39A10) Dynamical systems in optimization and economics (37N40)

Related Items (10)

Progressive taxation and macroeconomic stability in two-sector models with social constant returns ⋮ Skills, sunspots and cycles ⋮ LOCAL INDETERMINACY IN CONTINUOUS-TIME MODELS: THE ROLE OF RETURNS TO SCALE ⋮ Linear production function, externalities and indeterminacy in a capital-resource growth model ⋮ Indeterminacy and sunspots in two-sector RBC models with generalized no-income-effect preferences ⋮ Fifty years of mathematical growth theory: classical topics and new trends ⋮ Wealth distribution and output fluctuations ⋮ Indeterminacy and expectation-driven fluctuations with non-separable preferences ⋮ On R\&D spillovers, multiple equilibria and indeterminacy ⋮ Indeterminacy and business-cycle fluctuations in a two-sector monetary economy with externalities

Cites Work

• Endogenous fluctuations in two-sector models: role of preferences
• Indeterminacy and sunspots with constant returns
• Capital-labor substitution and competitive nonlinear endogenous business cycles
• Indeterminacy and increasing returns
• Asymmetric factor substitutability and indeterminacy
• Indeterminacy and cycles in two-sector discrete-time model
• Indeterminacy in dynamic models: when Diamond meets Ramsey
• Competitive equilibrium cycles with endogenous labor
• Indeterminacy with almost constant returns to scale: capital-labor substitution matters
• Capital Depreciation, Factor Substitutability and Indeterminacy
• INDETERMINACY AND THE ROLE OF FACTOR SUBSTITUTABILITY

This page was built for publication: Indeterminacy in discrete-time infinite-horizon models with non-linear utility and endogenous labor