Stationary Optimal Policies with Discounting in a Stochastic Activity Analysis Model
From MaRDI portal
Publication:3670886
DOI10.2307/1912118zbMath0521.90035OpenAlexW2080194828MaRDI QIDQ3670886
Publication date: 1983
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/1912118
discountingoptimal policyoptimal capital accumulationnonlinear activity analysis modelstationary stochastic process of exogenous shocks
Related Items
Optimal growth in a stochastic environment: Some sensitivity and turnpike results ⋮ Stochastic turnpike property and stationary equilibrium ⋮ Comparative statics in dynamic stochastic models. Differential analysis of a stochastic modified golden rule state in a Banach space ⋮ Charges as equilibrium prices and asset bubbles ⋮ Equilibrium interest-rate determination under adjustment costs ⋮ Unnamed Item ⋮ Characterization of optimal plans for stochastic dynamic programs