Chaotic equilibrium dynamics in endogenous growth models

被引：29

作者：

Boldrin, M ^{[1
]}

Nishimura, K

Shigoka, T

Yano, M

机构：

[1] Univ Minnesota, Dept Econ, Minneapolis, MN 55455 USA

[2] Kyoto Univ, Inst Econ Res, Sakyo Ku, Kyoto 6068501, Japan

[3] Kyoto Univ, Inst Econ Res, Sakyo Ku, Kyoto 6068501, Japan

[4] Keio Univ, Dept Econ, Minato Ku, Tokyo 1088345, Japan

来源：

JOURNAL OF ECONOMIC THEORY | 2001年 / 96卷 / 1-2期

关键词：

D O I：

10.1006/jeth.2000.2677

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We study a class of two-sector endogenous growth models in the presence of a positive external effect. The class of models exhibits global indeterminacy of equilibria. The qualitative properties of a set of examples are analyzed by means of analytical and numerical methods. We also construct robust examples of both topological and ergodic chaos. Journal of Economic Literature Classification Numbers: E30, O41. (C) 2001 Academic Press.

引用

页码：97 / 132

页数：36

共 20 条

[1] INDETERMINACY AND INCREASING RETURNS [J].