On stationary recursive equilibria and nondegenerate state spaces: The Huggett model

dc.contributor.authorKam, Timothy
dc.contributor.authorLee, Junsang
dc.date.accessioned2015-12-10T21:53:58Z
dc.date.issued2014
dc.date.updated2015-12-09T07:22:39Z
dc.description.abstractThe seminal work of Huggett (1993) showed that in a stationary recursive equilibrium, there exists a unique stationary distribution of agent types. However, the question remains open as to whether an equilibrium's individual state space might turn out to
dc.identifier.issn0304-4068
dc.identifier.urihttp://hdl.handle.net/1885/38733
dc.publisherElsevier
dc.sourceJournal of Mathematical Economics
dc.titleOn stationary recursive equilibria and nondegenerate state spaces: The Huggett model
dc.typeJournal article
local.bibliographicCitation.issue1
local.bibliographicCitation.lastpage159
local.bibliographicCitation.startpage156
local.contributor.affiliationKam, Timothy, College of Business and Economics, ANU
local.contributor.affiliationLee, Junsang, Sungkyunkwan University
local.contributor.authoruidKam, Timothy, u4166777
local.description.embargo2037-12-31
local.description.notesImported from ARIES
local.identifier.absfor140103 - Mathematical Economics
local.identifier.absfor140102 - Macroeconomic Theory
local.identifier.absseo910106 - Income Distribution
local.identifier.ariespublicationU9501697xPUB165
local.identifier.citationvolume50
local.identifier.doi10.1016/j.jmateco.2013.09.009
local.identifier.scopusID2-s2.0-84893713979
local.identifier.thomsonID000331986500015
local.type.statusPublished Version

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