Skip navigation
Skip navigation

Parametric Continuity of Stationary Distributions

Le Van, Cuong; Stachurski, John

Description

For Markovian economic models, long-run equilibria are typically identified with the stationary (invariant) distributions generated by the model. In this paper we provide new sufficient conditions for continuity in the map from parameters to these equilibria. Several existing results are shown to be special cases of our theorem.

CollectionsANU Research Publications
Date published: 2007
Type: Journal article
URI: http://hdl.handle.net/1885/29496
Source: Economic Theory
DOI: 10.1007/s00199-006-0144-0

Download

File Description SizeFormat Image
01_Le Van_Parametric_Continuity_of_2007.pdf179.33 kBAdobe PDF    Request a copy
02_Le Van_Parametric_Continuity_of_2007.pdf229.5 kBAdobe PDF    Request a copy


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  12 November 2018/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator