Cultural advice

The Australian National University acknowledges, celebrates and pays our respects to the Ngunnawal and Ngambri people of the Canberra region and to all First Nations Australians on whose traditional lands we meet and work, and whose cultures are among the oldest continuing cultures in human history.

Aboriginal and Torres Strait Islander peoples are advised that ANU Library collections may include images, names, voices, and other representations of deceased persons.

Material in the collection may contain terms, language or views that reflect the period in which the item was created and may be considered inappropriate today.

Stochastic Stability in Monotone Economies

Simple item page
dc.contributor.authorKamihigashi, Takashi
dc.contributor.authorStachurski, John
dc.date.accessioned2015-12-08T22:33:08Z
dc.date.issued2014
dc.date.updated2015-12-08T09:33:04Z
dc.description.abstractThis paper extends a family of well known stability theorems for monotone economies to a significantly larger class of models. We provide a set of general conditions for existence, uniqueness, and stability of stationary distributions when monotonicity holds. The conditions in our main result are both necessary and sufficient for global stability of monotone economies that satisfy a weak mixing condition introduced in the paper. Through our analysis, we develop new insights into the nature and causes of stability and instability.
dc.identifier.issn1555-7561
dc.identifier.urihttp://hdl.handle.net/1885/34555
dc.publisherJohn Wiley & Sons Inc
dc.rightsAuthor/s retain copyrighten_AU
dc.sourceTheoretical Economics
dc.titleStochastic Stability in Monotone Economies
dc.typeJournal article
dcterms.accessRightsOpen Accessen_AU
local.bibliographicCitation.issue2
local.bibliographicCitation.lastpage407
local.bibliographicCitation.startpage383
local.contributor.affiliationKamihigashi, Takashi, Kobe University
local.contributor.affiliationStachurski, John, College of Business and Economics, ANU
local.contributor.authoruidStachurski, John, u3915156
local.description.notesImported from ARIES
local.identifier.absfor140103 - Mathematical Economics
local.identifier.absfor140102 - Macroeconomic Theory
local.identifier.absseo910199 - Macroeconomics not elsewhere classified
local.identifier.ariespublicationu4602557xPUB114
local.identifier.citationvolume9
local.identifier.doi10.3982/TE1367
local.identifier.scopusID2-s2.0-84897088745
local.identifier.thomsonID000336731600004
local.type.statusPublished Version

Downloads

Original bundle

Now showing 1 - 2 of 2
Thumbnail Image
Name:
01_Kamihigashi_Stochastic_Stability_in_2014.pdf
Size:
332.06 KB
Format:
Adobe Portable Document Format
Download
Thumbnail Image
Name:
02_Kamihigashi_Stochastic_Stability_in_2014.pdf
Size:
388.4 KB
Format:
Adobe Portable Document Format
Download

Collections

ANU Research Publications

DSpace software copyright © 2002-2026 LYRASIS