Optimal Cycles and Chaos: A Survey
AbstractThis paper surveys the literature on cyclical and chaotic equilibrium paths in deterministic optimal growth models with infinitely lived agents. We focus on discrete time models but also briefly mention results for continuous time models. We start by reviewing those results that have been proved for optimal growth models in reduced form. Then we discuss results for two-sector optimal growth models in primitive form. Finally, we summarize a few results that have been obtained for other variants of the model, including models with recursive preferences and models with heterogeneous agents.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by De Gruyter in its journal Studies in Nonlinear Dynamics & Econometrics.
Volume (Year): 1 (1996)
Issue (Month): 1 (April)
Contact details of provider:
Web page: http://www.degruyter.com
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Gomes, Orlando, 2008.
"Too much of a good thing: Endogenous business cycles generated by bounded technological progress,"
Economic Modelling, Elsevier,
Elsevier, vol. 25(5), pages 933-945, September.
- Gomes, Orlando, 2006. "Too much of a good thing: endogenous business cycles generated by bounded technological progress," MPRA Paper 2845, University Library of Munich, Germany.
- William Barnett & Apostolos Serletis & Demitre Serletis, 2012.
"Nonlinear and Complex Dynamics in Economics,"
WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS
201238, University of Kansas, Department of Economics, revised Sep 2012.
- William Barnett & Alfredo Medio & Apostolos Serletis, 2012. "Nonlinear And Complex Dynamics In Economics," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 201223, University of Kansas, Department of Economics, revised Sep 2012.
- William A. Barnett & Alfredo Medio & Apostolos Serletis, 1997. "Nonlinear and Complex Dynamics in Economics," Econometrics, EconWPA 9709001, EconWPA.
- Barnett, William A. & Serletis, Apostolos & Serletis, Demitre, 2012. "Nonlinear and Complex Dynamics in Economics," MPRA Paper 41245, University Library of Munich, Germany.
- Guo, Jang-Ting & Lansing, Kevin J., 2002.
"Fiscal Policy, Increasing Returns, And Endogenous Fluctuations,"
Macroeconomic Dynamics, Cambridge University Press,
Cambridge University Press, vol. 6(05), pages 633-664, November.
- Jang-Ting Guo & Kevin Lansing, 1999. "Fiscal policy, increasing returns, and endogenous fluctuations," Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco 99-08, Federal Reserve Bank of San Francisco.
- Gomes, Orlando, 2007.
"Consumer confidence, endogenous growth and endogenous cycles,"
2883, University Library of Munich, Germany.
- Orlando Gomes, 2010. "Consumer confidence, endogenous growth and endogenous cycles," Journal of Economic Studies, Emerald Group Publishing, Emerald Group Publishing, vol. 37(4), pages 377-404, September.
- Patrick Asea & Paul J. Zak, 1997.
"Time-to-Build and Cycles,"
UCLA Economics Working Papers, UCLA Department of Economics
767, UCLA Department of Economics.
- Asea, Patrick K. & Zak, Paul J., 1999. "Time-to-build and cycles," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 23(8), pages 1155-1175, August.
- Orlando Gomes, 2010.
"Deterministic randomness in a model of finance and growth,"
Journal of Evolutionary Economics, Springer,
Springer, vol. 20(1), pages 95-114, January.
- Gomes, Orlando, 2007. "Deterministic randomness in a model of finance and growth," MPRA Paper 2888, University Library of Munich, Germany.
- Anjan Mukherji, 2003. "Competitive Equilibria: Convergence, Cycles or Chaos," ISER Discussion Paper, Institute of Social and Economic Research, Osaka University 0591, Institute of Social and Economic Research, Osaka University.
- La Torre, Davide & Marsiglio, Simone & Privileggi, Fabio, 2011. "Fractals and Self-Similarity in Economics: the Case of a Stochastic Two-Sector Growth Model," POLIS Working Papers, Institute of Public Policy and Public Choice - POLIS 157, Institute of Public Policy and Public Choice - POLIS.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.