Chaotic equilibrium dynamics in endogenous growth models
成果类型：
Article
署名作者：
Boldrin, M; Nishimura, K; Shigoka, T; Yano, M
署名单位：
University of Minnesota System; University of Minnesota Twin Cities; Kyoto University; Kyoto University; Keio University
刊物名称：
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN：
0022-0531
DOI：
10.1006/jeth.2000.2677
发表日期：
2001
页码：
97-132
关键词：
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.
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