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[英文文献] Stability of Stationary Distributions in Monotone Economies [推广有奖]

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垄断666 发表于 2005-4-7 17:21:57 |AI写论文

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英文文献:Stability of Stationary Distributions in Monotone Economies
英文文献作者:Takashi Kamihigashi,John Stachurski
英文文献摘要:
This paper generalizes the sufficient conditions for stability of monotone economies and time series models due to Hopenhayn and Prescott (Econometrica, 60, p. 1387–1406, 1992). We introduce a new order-theoretic mixing condition and characterize stability for monotone economies satisfying this condition. We also provide a range of results that can be used to verify our mixing condition in applications, as well as the other components of our main stability theorem. Through this approach, we extend Hopenhayn and Prescott’s method to a significantly larger class of problems, and develop new perspectives on the causes of instability and stability.
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