Arbeitspapier
General pattern formation in recursive dynamical systems models in economics
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.
- Language
-
Englisch
- Bibliographic citation
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Series: Nota di Lavoro ; No. 49.2009
- Classification
-
Wirtschaft
Optimization Techniques; Programming Models; Dynamic Analysis
One, Two, and Multisector Growth Models
- Subject
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Pattern Formation
Spatial Spillovers
Optimal Control
Spillover Induced Instability
Growth Models
- Event
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Geistige Schöpfung
- (who)
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Xepapadeas, Anastasios
Brock, William
- Event
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Veröffentlichung
- (who)
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Fondazione Eni Enrico Mattei (FEEM)
- (where)
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Milano
- (when)
-
2009
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Xepapadeas, Anastasios
- Brock, William
- Fondazione Eni Enrico Mattei (FEEM)
Time of origin
- 2009
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