Random fixed points in a stochastic Solow growth model

DOI10.1016/S0304-4068(01)00062-3zbMath1093.91044MaRDI QIDQ5953013

Björn Schmalfuss, Klaus Reiner Schenk-Hoppé

Publication date: 2001

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

zbMATH Keywords

Ergodic Markov equilibriaRandom dynamical systemsRandom fixed pointsSolow growth model

Mathematics Subject Classification ID

Economic growth models (91B62) Random dynamical systems aspects of multiplicative ergodic theory, Lyapunov exponents (37H15) Dynamical systems in optimization and economics (37N40)

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Cites Work

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• A random fixed point theorem and the random graph transformation
• Stochastic growth models and their econometric implications
• Stationary Ramsey equilibria under uncertainty
• Invariant Distributions and the Limiting Behavior of Markovian Economic Models
• The occurrence of large values in stationary sequences
• Stochastic Depreciation and the Business Cycle
• Stationary Markov Equilibria
• On the Existence of Steady State Measures for One Sector Growth Models with Uncertain Technology

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