Comparative dynamics in the adjustment-cost model of the firm

DOI10.1016/0022-0531(82)90016-3zbMath0503.90021OpenAlexW2043066346MaRDI QIDQ1173515

Larry G. Epstein

Publication date: 1982

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

Full work available at URL: https://doi.org/10.1016/0022-0531(82)90016-3

zbMATH Keywords

optimal controlcomparative staticscomparative dynamicsMorishima matricesprofit maximization with adjustment cost

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (3)

Fundamental symmetries and qualitative properties in the adjustment cost model of the firm ⋮ The comparative dynamics of closed-loop controls for discounted infinite horizon optimal control problems ⋮ The envelope theorem in dynamic optimization

Cites Work

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• The Rational Multivariate Flexible Accelerator
• Stochastic Models of Economic Fluctuations

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