Indeterminacy, sunspots, and development traps
From MaRDI portal
Publication:953742
DOI10.1016/j.jedc.2003.04.011zbMath1202.91210MaRDI QIDQ953742
Publication date: 6 November 2008
Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jedc.2003.04.011
91B70: Stochastic models in economics
91B62: Economic growth models
93E15: Stochastic stability in control theory
37N40: Dynamical systems in optimization and economics
91B55: Economic dynamics
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Self-fulfilling prophecies
- Indeterminacy of stationary equilibrium in stochastic overlapping generations models
- Escapist policy rules
- Stationary sunspot equilibria in a finance constrained economy
- Stabilizing competitive business cycles
- Lyapunov stability, regions of attraction, and indeterminate growth paths
- Increasing returns, home production and persistence of business cycles
- Growth, externalities, and sunspots
- Capacity utilization under increasing returns to scale
- Grouping for optimal growth
- Indeterminacy and increasing returns
- Real business cycles and the animal spirits hypothesis
- A note on Woodford's conjecture: Constructing stationary sunspot equilibria in a continuous time model
- On learning and the nonuniqueness of equilibrium in an overlapping generations model with fiat money
- Intersectoral external effects, multiplicities \& indeterminacies
- Public services, increasing returns, and equilibrium dynamics
- Continuous-time sunspot equilibria and dynamics in a model of growth
- Multiple steady states, indeterminacy, and cycles in a basic model of endogenous growth
- Stability of regime-switching stochastic differential equations
- Multiple equilibria and progressive taxation of labor income
- Learning to Believe in Sunspots
- Optimal Growth with a Convex-Concave Production Function
- Escaping Nash Inflation
- Asymptotic stability and spiraling properties for solutions of stochastic equations
- The economics of poverty traps. I: Complete markets
