The Zilcha criterion for dynamic inefficiency

DOI10.1007/S00199-004-0547-8MaRDI QIDQ2569191zbMATH OpenOpenAlexFDO

Authors Peter Rangazas, Steven Russell

Publication date 18 October 2005

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00199-004-0547-8

zbMATH Keywords

Dynamic inefficiencyZilcha criterion.

Mathematics Subject Classification ID

Economic growth models (91B62) Macroeconomic theory (monetary models, models of taxation) (91B64) Stochastic models in economics (91B70)

Recommendations

• The Zilcha criteria for dynamic inefficiency reconsidered
• On a criterion of infinite-horizon efficiency
• Assessing Dynamic Efficiency: Theory and Evidence
• A zero inefficiency stochastic frontier model
• Separating equilibrium and persistent inefficiency
• Publication:3030600
• Dynamic inefficiency: anarchy without stability
• The dynamic efficiency of capitalism

Cited in

(4)

• The Zilcha criteria for dynamic inefficiency reconsidered
• Bubbly Markov equilibria
• Assessing Dynamic Efficiency: Theory and Evidence
• Running primary deficits forever in a dynamically efficient economy: feasibility and optimality

This page was built for publication: The Zilcha criterion for dynamic inefficiency

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2569191)