Advanced Search
MyIDEAS: Login

On Endogenous Compactness of the Individual State Space in the Huggett Model

Contents:

Author Info

  • Timothy Kam

    ()

Registered author(s):

    Abstract

    One of the sufficient conditions for existence and uniqueness of a stationary distribution of agents in the Huggett [1993] model is the requirement that the space of individual states be a compact metric space. In this note, we reinforce the proof of Lemma 3 in Huggett [1993] by showing that two additional contrary hypotheses must first be ruled out, toward the construction of the proof that the individual state space is endogenously compact.

    Download Info

    If 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.
    File URL: http://cbe.anu.edu.au/research/papers/pdf/wp513.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by Australian National University, College of Business and Economics, School of Economics in its series ANU Working Papers in Economics and Econometrics with number 2010-513.

    as in new window
    Length: 7 Pages
    Date of creation: Feb 2010
    Date of revision:
    Handle: RePEc:acb:cbeeco:2010-513

    Contact details of provider:
    Postal: Canberra, ACT 0200
    Phone: +61 2 6125 3807
    Fax: +61 2 6125 0744
    Email:
    Web page: http://rse.anu.edu.au/
    More information through EDIRC

    Related research

    Keywords:

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:acb:cbeeco:2010-513

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

    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.