Big shocks versus small shocks in a dynamic stochastic economy with many interacting agents

DOI10.1016/0165-1889(94)90015-9zbMath0802.90021OpenAlexW2023301322MaRDI QIDQ5906473

Morgan Kelly

Publication date: 12 December 1994

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1889(94)90015-9

zbMATH Keywords

dynamic, stochastic, macroeconomic model

Mathematics Subject Classification ID

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

Related Items (1)

Time variation of second moments from a noise trader/infection model

Cites Work

• Unnamed Item
• Concepts and models of a quantitative sociology. The dynamics of interacting populations
• Random Perturbations of Dynamical Systems
• Coordinating Coordination Failures in Keynesian Models
• Multiple Expectational Equilibria under Monopolistic Competition
• Time to Build and Aggregate Fluctuations
• The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis
• Learning, Mutation, and Long Run Equilibria in Games

This page was built for publication: Big shocks versus small shocks in a dynamic stochastic economy with many interacting agents