Stochastic growth with social-status concern: the existence of a unique stable distribution

DOI10.1016/j.jmateco.2010.03.004zbMath1232.91500OpenAlexW2075200724MaRDI QIDQ990290

Zou Hengfu, Xiaojun Zhao, Liutang Gong, Yun Hong Yang

Publication date: 6 September 2010

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

Full work available at URL: https://doi.org/10.1016/j.jmateco.2010.03.004

zbMATH Keywords

multiple equilibriastochastic growthinvariant distributionsocial-status concern

Mathematics Subject Classification ID

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

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