Log-linearization of stochastic economic models†

DOI10.1080/10236190601069002MaRDI QIDQ3435952zbMATH OpenOpenAlexFDO

Authors John Stachurski

Publication date 8 May 2007

Published in Journal of Difference Equations and Applications (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1080/10236190601069002

zbMATH Keywords

Markov chainsstochastic equilibriumtopological conjugacy

Mathematics Subject Classification ID

Stochastic models in economics (91B70)

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Cites work

• scientific article; zbMATH DE number 52448 (Why is no real title available?)
• scientific article; zbMATH DE number 1351867 (Why is no real title available?)
• Chaos, fractals, and noise: Stochastic aspects of dynamics.
• Invariant Distributions and the Limiting Behavior of Markovian Economic Models
• Markov chains and stochastic stability
• On a class of stable random dynamical systems: Theory and applications
• Stochastic Monotonicity and Stationary Distributions for Dynamic Economies
• Stochastic optimal growth with unbounded shock

Cited in

(4)

• Log-linear approximation versus an exact solution at the ZLB in the New Keynesian model
• Symbolic stationarization of dynamic equilibrium models
• Inference and first-passage-times for the lognormal diffusion process with exogenous factors: application to modelling in economics
• Stochastic optimal growth with risky labor supply

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