Data/hora: 11/06/2024 14:47:59

Provedor de dados: | 31
País: | United States
Título: | General Pattern Formation in Recursive Dynamical Systems Models in Economics
Autores: | Brock,   William A.; Xepapadeas,   Anastasios.
Data: | 2009-08-04
Ano: | 2009
Palavras-chave: | Pattern Formation; Spatial Spillovers; Optimal Control; Spillover Induced Instability; Growth Models; Research Methods/ Statistical Methods; C61; 041.
Resumo: | This paper presents a fairly general treatment of recursive infinite horizon forward looking optimizing systems on infinite dimensional spatial domains. It includes optimal control, an analysis of local stability of spatially flat optimal steady states and development of techniques to compute spatially heterogeneous optimal steady states. The paper also develops a concept of rational expectations equilibrium, a local stability analysis for spatially homogeneous rational expectations steady states, and computational techniques for spatially heterogeneous rational expectations steady states.
Tipo: | Working or Discussion Paper
Idioma: | Inglês
Identificador: | http://purl.umn.edu/52345

Relação:

Fondazione Eni Enrico Mattei (FEEM)&gt;Sustainable Development Papers

SD

49.2009

Formato: | 59