Von Neumann facets and the dynamic stability of perfect foresight equilibrium paths in neo-classical trade models
DOI10.1007/BF01227366zbMATH Open0689.90016MaRDI QIDQ582192FDOQ582192
Authors: Makoto Yano 
Publication date: 1990
Published in: Journal of Economics (Search for Journal in Brave)
Recommendations
- Multiplicity and stability of equilibrium in trade models with durable goods
- The von Neumann facet and a global asymptotic stability
- Equilibrium Turnpike Theory with Constant Returns to Scale and Possibly Heterogeneous Discount Factors
- Destabilization effect of international trade in a perfect foresight dynamic general equilibrium model
- On the Dual Stability of a Von Neumann Facet and the Inefficacy of Temporary Fiscal Policy
stability propertiesasymptotic stabilityneo-classical production functionsperfect foresight equilibrium pathtime-phased trade modelsvon Neumann facets
Economic growth models (91B62) Lyapunov and other classical stabilities (Lagrange, Poisson, (L^p, l^p), etc.) in control theory (93D05) Multisectoral models in economics (91B66)
Cites Work
- An integration of equilibrium theory and turnpike theory
- Equilibrium Turnpike Theory with Constant Returns to Scale and Possibly Heterogeneous Discount Factors
- Title not available (Why is that?)
- On optimal steady states of n-sector growth models when utility is discounted
- Competitive Equilibria on Turnpikes in a Mckenzie Economy, I: A Neighborhood Turnpike Theorem
- Smoothness, Comparative Dynamics, and the Turnpike Property
- Turnpike theory, discounted utility, and the von Neumann facet
- Competitive Equilibria on Turnpikes in a McKenzie Economy, II: An Asymptotic Turnpike Theorem
- The primal route to the turnpike and asymptotic stability
- The Dorfman-Samuelson-Solow Turnpike Theorem
Cited In (6)
- Destabilization effect of international trade in a perfect foresight dynamic general equilibrium model
- International linkage of inflation rates in a dynamic general equilibrium
- Temporary transfers in a simple dynamic general equilibrium model
- Multiplicity and stability of equilibrium in trade models with durable goods
- General existence of competitive equilibrium in the growth model with an endogenous labor-leisure choice
- On the Dual Stability of a Von Neumann Facet and the Inefficacy of Temporary Fiscal Policy
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