Cycles and chaos in the one-sector growth model with elastic labor supply

DOI10.1007/s00199-016-1005-0zbMath1398.91433OpenAlexW2233650149MaRDI QIDQ1695308

Gerhard Sorger

Publication date: 7 February 2018

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

Full work available at URL: https://doi.org/10.1007/s00199-016-1005-0

zbMATH Keywords

periodic solutionschaotic dynamicsoptimal growthendogenous labor supply

Mathematics Subject Classification ID

Economic growth models (91B62) Strange attractors, chaotic dynamics of systems with hyperbolic behavior (37D45)

Related Items (7)

Local and global dynamics of Ramsey model: From continuous to discrete time ⋮ Exact parametric restrictions for 3-cycles in the RSS model: a complete and comprehensive characterization ⋮ General existence of competitive equilibrium in the growth model with an endogenous labor-leisure choice ⋮ Monetary rules in a two-sector endogenous growth model ⋮ Periodic solutions of the one-sector growth model: the role of income effects ⋮ Global dynamics in a search and matching model of the labor market ⋮ Financial destabilization

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• On the least upper bound of discount factors that are compatible with optimal period-three cycles
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• Multiple interior steady states in the Ramsey model with elastic labor supply
• Period Three Implies Heavy Discounting

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