The steady states of a stochastic decentralized growth model

DOI10.1016/0022-0531(81)90074-0zbMath0471.90031OpenAlexW2129902401MaRDI QIDQ1158084

John P. Laitner

Publication date: 1981

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/2027.42/24362

zbMATH Keywords

economic growthoverlapping generationsdiscrete timefixed-point argumentrandom shocksdecentralized growth modelexistence of a steady state

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items

A characterization of Markov equilibrium in stochastic overlapping generations models ⋮ Stationary equilibrium transition rules for an overlapping generations model with uncertainty ⋮ Stochastic optimal growth with unbounded shock

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Consumption loans under uncertainty
• The Nature of Stochastic Equilibria
• Temporary General Equilibrium Theory
• Competitive Equilibrium Under Uncertainty
• Existence of Equilibrium of Plans, Prices, and Price Expectations in a Sequence of Markets
• On the Existence of Steady State Measures for One Sector Growth Models with Uncertain Technology
• Stochastic processes of temporary equilibria