On the existence of nonoptimal equilibria in dynamic stochastic economies

DOI10.1006/jeth.1995.1024zbMath0834.90038OpenAlexW2083346182MaRDI QIDQ1893217

Jeremy Greenwood, Gregory W. Huffman

Publication date: 3 July 1995

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

Full work available at URL: https://doi.org/10.1006/jeth.1995.1024

zbMATH Keywords

distortional taxationexistence of a stationary equilibriumneo-classical growth

Mathematics Subject Classification ID

Economic growth models (91B62) Stochastic systems in control theory (general) (93E03)

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