Stochastic optimal growth with a non-compact state space

DOI10.1016/j.jmateco.2006.10.002zbMath1280.91120OpenAlexW3123521311MaRDI QIDQ877998

Yuzhe Zhang

Publication date: 4 May 2007

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

Full work available at URL: https://doi.org/10.21034/wp.639

zbMATH Keywords

global stabilitystochastic dominancestochastic growthmonotonic operator

Mathematics Subject Classification ID

Stochastic models in economics (91B70) Economic growth models (91B62)

Related Items (8)

Seeking ergodicity in dynamic economies ⋮ The random two-sector RSS model: on discounted optimal growth without Ramsey-Euler conditions ⋮ Fifty years of mathematical growth theory: classical topics and new trends ⋮ Stochastic optimal growth model with risk sensitive preferences ⋮ Stochastic growth, conservation of capital and convergence to a positive steady state ⋮ Computing minimal state space recursive equilibrium in OLG models with stochastic production ⋮ Stochastic optimal growth with risky labor supply ⋮ Stochastic growth with social-status concern: the existence of a unique stable distribution

Cites Work

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• Asymptotics of a class of Markov processes which are not in general irreducible
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• Stochastic optimal growth with unbounded shock
• Stochastic optimal growth with bounded or unbounded utility and with bounded or unbounded shocks
• Stochastic Monotonicity and Stationary Distributions for Dynamic Economies

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