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Fwu-Ranq Chang

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Fwu-Ranq Chang, 2004. "Optimal Growth and Impatience: A Phase Diagram Analysis," CESifo Working Paper Series 1359, CESifo.

    Cited by:

    1. Taketo Kawagishi & Kazuo Mino, 2013. "Time Preference and Income Convergence in a Dynamic Heckscher-Ohlin Model," KIER Working Papers 880, Kyoto University, Institute of Economic Research.
    2. Kazumichi Iwasa & Laixun Zhao, 2013. "Inequalities and Patience for Tomorrow," Discussion Paper Series DP2013-04, Research Institute for Economics & Business Administration, Kobe University.
    3. Kirill Borissov, 2013. "The Existence of Equilibrium Paths in an AK-model with Endogenous Time Preferences and Borrowing Constraints," EUSP Department of Economics Working Paper Series 2013/01, European University at St. Petersburg, Department of Economics.
    4. Akihiko Yanase & Yukio Karasawa-Ohtashiro, 2019. "Endogenous time preference, consumption externalities, and trade: multiple steady states and indeterminacy," Journal of Economics, Springer, vol. 126(2), pages 153-177, March.
    5. Kawagishi, Taketo, 2012. "Endogenous time preference, investment externalities, and equilibrium indeterminacy," Mathematical Social Sciences, Elsevier, vol. 64(3), pages 234-241.
    6. Kawagishi, Taketo, 2014. "Investment for patience in an endogenous growth model," Economic Modelling, Elsevier, vol. 42(C), pages 508-515.
    7. Been-Lon Chen & Yunfang Hu & Kazuo Mino, 2016. "Stabilization Effects of Taxation Rules in Small-Open Economies with Endogenous Growth," KIER Working Papers 946, Kyoto University, Institute of Economic Research.
    8. Kazumichi Iwasa & Kazuo Nishimaura, 2020. "Time Preference and International Trade," Discussion Paper Series DP2020-10, Research Institute for Economics & Business Administration, Kobe University.
    9. Kirill Borissov, 2011. "Growth and Distribution in a Model with Endogenous Time Peferences and Borrowing Constraints," DEGIT Conference Papers c016_073, DEGIT, Dynamics, Economic Growth, and International Trade.

  2. Fwu-Ranq Chang, 2003. "On the Elasticities of Harvesting Rules," CESifo Working Paper Series 1082, CESifo.

    Cited by:

    1. Sora Yoo & Yong-sung Cho & Hojeong Park, 2018. "An Optimal Management Strategy of Carbon Forestry with a Stochastic Price," Sustainability, MDPI, Open Access Journal, vol. 10(9), pages 1-13, September.
    2. Luis H. R. Alvarez & Erkki Koskela, 2004. "Does Risk Aversion Accelerate Optimal Forest Rotation under Uncertainty?," CESifo Working Paper Series 1285, CESifo.
    3. Shackleton, Mark B. & Sødal, Sigbjørn, 2010. "Harvesting and recovery decisions under uncertainty," Journal of Economic Dynamics and Control, Elsevier, vol. 34(12), pages 2533-2546, December.
    4. Leon-Santana, Miguel & Hernandez, Juan M., 2008. "Optimum management and environmental protection in the aquaculture industry," Ecological Economics, Elsevier, vol. 64(4), pages 849-857, February.
    5. Gasca-Leyva, Eucario & Hernández, Juan M. & Veliov, Vladimir M., 2008. "Optimal harvesting time in a size-heterogeneous population," Ecological Modelling, Elsevier, vol. 210(1), pages 161-168.

  3. Fwu-Ranq Chang, 2002. "A Theory of Health Investment under Competing Mortality Risks," CESifo Working Paper Series 669, CESifo.

    Cited by:

    1. Silvia Balia & Andrew M Jones, 2005. "Mortality, lifestyle and socio-economic status," Health, Econometrics and Data Group (HEDG) Working Papers 05/02, HEDG, c/o Department of Economics, University of York.
    2. Liqun Liu, 2008. "Spillover of cause-specific longevity interventions: an independent mortality risk model," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 9(2), pages 193-201, May.
    3. Julien Hugonnier & Florian Pelgrin & Pascal St-Amour, 2009. "Health and (other) Asset Holdings," Swiss Finance Institute Research Paper Series 09-18, Swiss Finance Institute.
    4. Julien Hugonnier & Florian Pelgrin, 2013. "Health and (Other) Asset Holdings," Review of Economic Studies, Oxford University Press, vol. 80(2), pages 663-710.
    5. Strand, Jon, 2006. "Valuation of environmental improvements in continuous time with mortality and morbidity effects," Resource and Energy Economics, Elsevier, vol. 28(3), pages 229-241, August.

  4. Fwu-Ranq Chang, 2001. "Life Insurance, Precautionary Saving and Contingent Bequest," CESifo Working Paper Series 444, CESifo.

    Cited by:

    1. Chen, C.-M., 2005. "Driven translocation dynamics of polynucleotides through a nanopore: off-lattice Monte-Carlo simulations," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 350(1), pages 95-107.

Articles

  1. Fwu‐Ranq Chang, 2009. "Optimal growth and impatience: A phase diagram analysis," International Journal of Economic Theory, The International Society for Economic Theory, vol. 5(2), pages 245-255, June. See citations under working paper version above.
  2. Chang, Fwu-Ranq, 2005. "A theory of health investment under competing mortality risks," Journal of Health Economics, Elsevier, vol. 24(3), pages 449-463, May. See citations under working paper version above.
  3. Chang, Fwu-Ranq, 2005. "On the elasticities of harvesting rules," Journal of Economic Dynamics and Control, Elsevier, vol. 29(3), pages 469-485, March. See citations under working paper version above.
  4. Chang, Fwu-Ranq, 2004. "Life insurance, precautionary saving and contingent bequest," Mathematical Social Sciences, Elsevier, vol. 48(1), pages 55-67, July. See citations under working paper version above.
  5. Fwu‐Ranq Chang & Pravin K. Trivedi, 2003. "Economics of self‐medication: theory and evidence," Health Economics, John Wiley & Sons, Ltd., vol. 12(9), pages 721-739, September.

    Cited by:

    1. Faden, Laura & Vialle-Valentin, Catherine & Ross-Degnan, Dennis & Wagner, Anita, 2011. "Active pharmaceutical management strategies of health insurance systems to improve cost-effective use of medicines in low- and middle-income countries: A systematic review of current evidence," Health Policy, Elsevier, vol. 100(2), pages 134-143.
    2. Martine Visser & Frikkie Booysen, 2004. "Determinants of the choice of health care facility utilised by individuals in HIV/AIDS-affected households in the Free State province of South Africa," SALDRU/CSSR Working Papers 087, Southern Africa Labour and Development Research Unit, University of Cape Town.
    3. Partha Deb & Pravin K. Trivedi, 2006. "Empirical Models of Health Care Use," Chapters, in: Andrew M. Jones (ed.),The Elgar Companion to Health Economics, chapter 14, Edward Elgar Publishing.
    4. Mohammed, 2018. "Self Medication- A Serious Threat to Society," Lupine Online Journal Of Nursing & Health Care, Lupine Publishers, LLC, vol. 1(1), pages 23-25, March.
    5. Akpalu, Wisdom & Normanyo, Ametefee K., 2017. "Gold Mining Pollution and the Cost of Private Healthcare: The Case of Ghana," Ecological Economics, Elsevier, vol. 142(C), pages 104-112.
    6. Hoai, Nguyen Trong & Dang, Thang, 2017. "The determinants of self-medication: Evidence from urban Vietnam," MPRA Paper 76643, University Library of Munich, Germany.
    7. Eddy van Doorslaer & Owen O'Donnell & Ravindra P. Rannan‐Eliya & Aparnaa Somanathan & Shiva Raj Adhikari & Charu C. Garg & Deni Harbianto & Alejandro N. Herrin & Mohammed Nazmul Huq & Shamsia Ibragimo, 2007. "Catastrophic payments for health care in Asia," Health Economics, John Wiley & Sons, Ltd., vol. 16(11), pages 1159-1184, November.
    8. Frikkie Booysen & Martine Visser, 2010. "Health Facility Choice In Hiv‐ And Aids‐Affected Households In Two South African Communities," South African Journal of Economics, Economic Society of South Africa, vol. 78(1), pages 89-106, March.
    9. Alice Sanwald & Engelbert Theurl, 2017. "Out-of-pocket expenditures for pharmaceuticals: lessons from the Austrian household budget survey," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 18(4), pages 435-447, May.
    10. Eddy van Doorslaer, 2007. "Paying Out-of-Pocket for Health Care in Asia: Catastrophic and Poverty Impact," Working Papers id:823, eSocialSciences.
    11. Ahmed, Syed Masud & Petzold, Max & Kabir, Zarina Nahar & Tomson, Göran, 2006. "Targeted intervention for the ultra poor in rural Bangladesh: Does it make any difference in their health-seeking behaviour?," Social Science & Medicine, Elsevier, vol. 63(11), pages 2899-2911, December.
    12. Pagan, Jose A. & Ross, Sara & Yau, Jeffrey & Polsky, Daniel, 2006. "Self-medication and health insurance coverage in Mexico," Health Policy, Elsevier, vol. 75(2), pages 170-177, January.
    13. Zana Shabani & Kerry J. Redican*, 2018. "Antibiotic Self-Medication Among Young Adults in Kosovo," International Journal of Healthcare and Medical Sciences, Academic Research Publishing Group, vol. 4(7), pages 134-140, 07-2018.
    14. Trivedi, Pravin K., 2002. "Patterns of health care utilization in Vietnam : analysis of 1997-98 Vietnam Living Standards Survey Data," Policy Research Working Paper Series 2775, The World Bank.
    15. Akpalu, Wisdom, 2008. "On the Economics of Rational Self-Medication," Sustainability Indicators and Environmental Valuation Working Papers 6363, Fondazione Eni Enrico Mattei (FEEM).
    16. Midori Matsushima & Hiroyuki Yamada, 2013. "Public Health Insurance in Vietnam towards Universal Coverage: Identifying the challenges, issues, and problems in its design and organizational practices," OSIPP Discussion Paper 13E003, Osaka School of International Public Policy, Osaka University.
    17. Sumarto, Sudarno & De Silva, Indunil, 2014. "Being Healthy, Wealthy, and Wise: Dynamics of Indonesian Subnational Growth and Poverty," MPRA Paper 57824, University Library of Munich, Germany.
    18. de Silva, Indunil & Sumarto, Sudarno, 2014. "Dynamics of Growth, Poverty and Human Capital: Evidence from Indonesian Sub-National Data," MPRA Paper 65328, University Library of Munich, Germany, revised 18 Nov 2014.
    19. Pablo Gottret & George J. Schieber & Hugh R. Waters, 2008. "Good Practices in Health Financing : Lessons from Reforms in Low and Middle-Income Countries," World Bank Publications, The World Bank, number 6442, Juni.
    20. Sepehri, Ardeshir & Sarma, Sisira & Oguzoglu, Umut, 2011. "Does the financial protection of health insurance vary across providers? Vietnam's experience," Social Science & Medicine, Elsevier, vol. 73(4), pages 559-567, August.
    21. Edgeworth, Ross & Collins, Andrew E., 2006. "Self-care as a response to diarrhoea in rural Bangladesh: Empowered choice or enforced adoption?," Social Science & Medicine, Elsevier, vol. 63(10), pages 2686-2697, November.
    22. Wisdom Akpalu & Ametefee K. Normanyo, 2016. "Gold mining pollution and the cost of private healthcare: The case of Ghana," WIDER Working Paper Series wp-2016-121, World Institute for Development Economic Research (UNU-WIDER).
    23. Nguyen, Ha & Connelly, Luke B., 2017. "Cost-sharing in health insurance and its impact in a developing country– Evidence from a quasi-natural experiment," MPRA Paper 76399, University Library of Munich, Germany.

  6. Chang, Fwu-Ranq, 1999. "Homogeneity and the Transactions Demand for Money," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 31(4), pages 720-730, November.

    Cited by:

    1. Bar-Ilan, Avner & Perry, David & Stadje, Wolfgang, 2004. "A generalized impulse control model of cash management," Journal of Economic Dynamics and Control, Elsevier, vol. 28(6), pages 1013-1033, March.
    2. Robert Lucas & Mike Golosov, 2004. "Menu Costs and Phillips Curves," 2004 Meeting Papers 144, Society for Economic Dynamics.
    3. Bar-Ilan, Avner & Marion, Nancy, "undated". "Demand for Cash with Intra-Period Endogenous Consumption," Working Papers WP2010/4, University of Haifa, Department of Economics.
    4. Baccarin, Stefano, 2009. "Optimal impulse control for a multidimensional cash management system with generalized cost functions," European Journal of Operational Research, Elsevier, vol. 196(1), pages 198-206, July.
    5. Hugo Rodríguez, 1998. "Monetary unions and the transaction cost savings of a single currency," Economics Working Papers 291, Department of Economics and Business, Universitat Pompeu Fabra.
    6. Avner Bar-Ilan, 2000. "Investment with an arithmetic process and lags," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 21(5), pages 203-206.
    7. García Cabello, Julia, 2017. "The future of branch cash holdings management is here: New Markov chains," European Journal of Operational Research, Elsevier, vol. 259(2), pages 789-799.
    8. Hugo Rodríguez, 1998. "The variability of money velocity in a generalized cash-in-advance model," Economics Working Papers 320, Department of Economics and Business, Universitat Pompeu Fabra.

  7. Chang, Fwu-Ranq, 1996. "Uncertainty and investment in health," Journal of Health Economics, Elsevier, vol. 15(3), pages 369-376, June.

    Cited by:

    1. Kristian Bolin & Bjorn Lindgren, 2012. "The Double Facetted Nature of Health Investments - Implications for Equilibrium and Stability in a Demand-for-Health Framework," NBER Working Papers 17789, National Bureau of Economic Research, Inc.
    2. Picone, Gabriel & Uribe, Martin & Mark Wilson, R., 1998. "The effect of uncertainty on the demand for medical care, health capital and wealth," Journal of Health Economics, Elsevier, vol. 17(2), pages 171-185, April.
    3. Wübker, Ansgar, 2012. "Explaining Variations in Breast Cancer Screening Across European Countries," Ruhr Economic Papers 370, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    4. Chang, Fwu-Ranq, 2005. "A theory of health investment under competing mortality risks," Journal of Health Economics, Elsevier, vol. 24(3), pages 449-463, May.
    5. Kristian Bolin & Daniel Hedblom & Anna Lindgren & Bjorn Lindgren, 2010. "Asymmetric Information and the Demand for Voluntary Health Insurance in Europe," NBER Working Papers 15689, National Bureau of Economic Research, Inc.
    6. Takao Asano & Akihisa Shibata, 2010. "Risk and Uncertainty in Health Investment," KIER Working Papers 696, Kyoto University, Institute of Economic Research.
    7. Gomez, Miguel I. & Ranney, Christine K., 2002. "Effects Of Food And Health Spending Patterns On The Health Of The Elderly," 2002 Annual meeting, July 28-31, Long Beach, CA 19608, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Juergen Jung & Chung Tran, 2010. "Medical Consumption Over the Life Cycle: Facts from a U.S. Medical Expenditure Panel Survey," Discussion Papers 2010-08, School of Economics, The University of New South Wales.
    9. Bolin, Kristian & Lindgren, Björn, 2016. "Non-monotonic health behaviours – implications for individual health-related behaviour in a demand-for-health framework," Journal of Health Economics, Elsevier, vol. 50(C), pages 9-26.
    10. Lukas, Daniel, 2010. "Patient autonomy and education in specific medical knowledge," Dresden Discussion Paper Series in Economics 07/10, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    11. Rebecca Mary Myerson & Darius Lakdawalla & Lisandro D. Colantonio & Monika Safford & David Meltzer, 2018. "Effects of Expanding Health Screening on Treatment - What Should We Expect? What Can We Learn?," NBER Working Papers 24347, National Bureau of Economic Research, Inc.
    12. Michael Grossman, 1999. "The Human Capital Model of the Demand for Health," NBER Working Papers 7078, National Bureau of Economic Research, Inc.
    13. Nocetti Diego & Smith William T, 2010. "Uncertainty, the Demand for Health Care, and Precautionary Saving," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-31, August.
    14. Tadashi Yamada & Tetsuji Yamada & Chia-Ching Chen & Weihong Zeng, 2014. "Determinants of health insurance and hospitalization," Cogent Economics & Finance, Taylor & Francis Journals, vol. 2(1), pages 1-27, December.
    15. Adhvaryu, Achyuta & Nyshadham, Anant, 2011. "Healthcare Choices, Information and Health Outcomes," Working Papers 88, Yale University, Department of Economics.
    16. Neil J. Buckley & Katherine Cuff & Jeremiah Hurley & Logan McLeod & Stuart Mestelman & David Cameron, 2012. "An Experimental Investigation of Mixed Systems of Public and Private Health Care Finance," Department of Economics Working Papers 2012-02, McMaster University.
    17. Julien Hugonnier & Florian Pelgrin & Pascal St-Amour, 2009. "Health and (other) Asset Holdings," Swiss Finance Institute Research Paper Series 09-18, Swiss Finance Institute.
    18. Gomez, Miguel I. & Ranney, Christine K., 2002. "Effects of Food and Health Spending Patterns on the Health of the Elderly," Working Papers 127306, Cornell University, Department of Applied Economics and Management.
    19. Tabata, Ken & Ohkusa, Yasushi, 2000. "Correction note on "The demand for health with uncertainty and insurance"," Journal of Health Economics, Elsevier, vol. 19(5), pages 811-820, September.
    20. Donata Bessey, 2018. "Preferences, personality and health behaviors: results from an explorative economic experiment," International Journal of Health Economics and Management, Springer, vol. 18(4), pages 437-456, December.
    21. Bolin, Kristian & Caputo, Michael R., 2017. "Consumption and Investment Demand when Health Evolves Stochastically," Working Papers in Economics 710, University of Gothenburg, Department of Economics.
    22. Neha Kumra, 2017. "Childhood health and educational investment under risk," IZA Journal of Labor & Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 6(1), pages 1-22, December.
    23. Peter Zweifel, 2012. "The Grossman model after 40 years," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 13(6), pages 677-682, December.
    24. Bolin, Kristian & Jacobson, Lena & Lindgren, Bjorn, 2002. "Employer investments in employee health: Implications for the family as health producer," Journal of Health Economics, Elsevier, vol. 21(4), pages 563-583, July.
    25. Bolin, Kristian & Lindgren, Björn, 2014. "Non-monotonic health behaviours - implications for individual health-related behaviour in a demand-for-health framework," Working Papers in Economics 588, University of Gothenburg, Department of Economics.
    26. Katherine Carman & Ilaria Mosca, 2014. "Who Takes Up Free Flu Shots? Examining the Effects of an Expansion in Coverage," De Economist, Springer, vol. 162(1), pages 1-17, March.
    27. Gabriella Berloffa & Francesca Paolini, 2019. "Decomposing Immigrant Differences in Physical and Mental Health: A 'Beyond the Mean' Analysis," DEM Working Papers 2019/4, Department of Economics and Management.
    28. Luis Eeckhoudt & Christian Gollier & Giovanni Immordino, 2001. "How Diagnostic Tests Affect Prevention: a Cost-Benefit Analysis," CSEF Working Papers 53, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    29. Akpalu, Wisdom, 2008. "On the Economics of Rational Self-Medication," Sustainability Indicators and Environmental Valuation Working Papers 6363, Fondazione Eni Enrico Mattei (FEEM).
    30. Strulik, Holger, 2015. "Frailty, mortality, and the demand for medical care," The Journal of the Economics of Ageing, Elsevier, vol. 6(C), pages 5-12.
    31. Octave Jokung & Sovan Mitra, 2020. "Health Care Investment: The Case of Multiple Sources of Risk," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 27(2), pages 231-255, June.
    32. Jacobson, Lena, 2000. "The family as producer of health -- an extended grossman model," Journal of Health Economics, Elsevier, vol. 19(5), pages 611-637, September.
    33. Julien Hugonnier & Florian Pelgrin, 2013. "Health and (Other) Asset Holdings," Review of Economic Studies, Oxford University Press, vol. 80(2), pages 663-710.
    34. Bolin, Kristian & Liljas, Bengt & Lindgren, Björn, 2014. "Individual technologies for health - the implications of distinguishing between the ability to produce health investments and the capacity to benefit from those investments," Working Papers in Economics 587, University of Gothenburg, Department of Economics.
    35. Suren Basov, 2002. "Heterogenous Human Capital: Life Cycle Investment in Health and Education," Department of Economics - Working Papers Series 838, The University of Melbourne.
    36. Carman, K.G. & Kooreman, P., 2010. "Flu Shots, Mammogram, and the Perception of Probabilities," Other publications TiSEM fba970b8-6fc7-449b-acf9-9, Tilburg University, School of Economics and Management.
    37. Katherine Carman & Peter Kooreman, 2014. "Probability perceptions and preventive health care," Journal of Risk and Uncertainty, Springer, vol. 49(1), pages 43-71, August.
    38. Lairson, David R. & Chan, Wenyaw & Newmark, Georgina R., 2005. "Determinants of the demand for breast cancer screening among women veterans in the United States," Social Science & Medicine, Elsevier, vol. 61(7), pages 1608-1617, October.
    39. Bolin , Kristian & Lindgren, Björn, 2015. "PARENTAL INVESTMENTS IN CHILD HEALTH – the importance of paternalistic altruism, child egoism and short-sightedness," Working Papers in Economics 640, University of Gothenburg, Department of Economics.

  8. Chang, Fwu-Ranq, 1988. "The Inverse Optimal Problem: A Dynamic Programming Approach," Econometrica, Econometric Society, vol. 56(1), pages 147-172, January.

    Cited by:

    1. Olaf Posch, 2009. "Explaining Output Volatility: The Case of Taxation," CESifo Working Paper Series 2751, CESifo.
    2. Olaf Posch & Timo Trimborn, 2011. "Numerical Solution of Dynamic Equilibrium Models under Poisson Uncertainty," CESifo Working Paper Series 3431, CESifo.
    3. Posch, Olaf & Trimborn, Timo, 2010. "Numerical solution of continuous-time DSGE models under Poisson uncertainty," Hannover Economic Papers (HEP) dp-450, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    4. Josa-Fombellida, Ricardo & Rincón-Zapatero, Juan Pablo, 2008. "Markov Perfect Nash Equilibrium in stochastic differential games as solution of a generalized Euler Equations System," UC3M Working papers. Economics we086731, Universidad Carlos III de Madrid. Departamento de Economía.
    5. Olaf Posch, 2007. "Structural estimation of jump-diffusion processes in macroeconomics," CREATES Research Papers 2007-23, Department of Economics and Business Economics, Aarhus University.
    6. Rebelo, Sergio & Xie, Danyang, 1999. "On the optimality of interest rate smoothing," Journal of Monetary Economics, Elsevier, vol. 43(2), pages 263-282, April.
    7. Antoniadou, Elena & Koulovatianos, Christos & Mirman, Leonard J., 2013. "Strategic exploitation of a common-property resource under uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 65(1), pages 28-39.
    8. Fwu‐Ranq Chang, 2009. "Optimal growth and impatience: A phase diagram analysis," International Journal of Economic Theory, The International Society for Economic Theory, vol. 5(2), pages 245-255, June.
    9. Lansing, Kevin J., 1999. "Optimal redistributive capital taxation in a neoclassical growth model," Journal of Public Economics, Elsevier, vol. 73(3), pages 423-453, September.
    10. Olaf Posch & Klaus Wälde, 2011. "On the link between volatility and growth," Journal of Economic Growth, Springer, vol. 16(4), pages 285-308, December.
    11. Robert Feicht & Wolfgang Stummer, 2010. "Complete Closed-form Solution to a Stochastic Growth Model and Corresponding Speed of Economic Recovery preliminary," DEGIT Conference Papers c015_041, DEGIT, Dynamics, Economic Growth, and International Trade.
    12. Ngo Long & Gerhard Sorger, 2010. "A dynamic principal-agent problem as a feedback Stackelberg differential game," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 18(4), pages 491-509, December.
    13. Guo Jang-Ting & Lansing Kevin J, 2003. "Globally-Stabilizing Fiscal Policy Rules," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 7(2), pages 1-15, July.
    14. Bent Jesper Christensen & Olaf Posch & Michel van der Wel, 2014. "Estimating Dynamic Equilibrium Models Using Mixed Frequency Macro and Financial Data," CESifo Working Paper Series 5030, CESifo.
    15. Cassou, Steven P. & Lansing, Kevin J., 1998. "Optimal fiscal policy, public capital, and the productivity slowdown," Journal of Economic Dynamics and Control, Elsevier, vol. 22(6), pages 911-935, June.
    16. Danyang Xie, 2002. "Explicit Transitional Dynamics in Growth Models," GE, Growth, Math methods 0207003, University Library of Munich, Germany.
    17. Kehoe, Timothy J & Levine, David K & Romer, Paul M, 1992. "On Characterizing Equilibria of Economies with Externalities and Taxes as Solutions to Optimization Problems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 2(1), pages 43-68, January.
    18. Ricardo Josa-Fombellida & Juan Rincón-Zapatero, 2015. "Euler–Lagrange equations of stochastic differential games: application to a game of a productive asset," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 59(1), pages 61-108, May.
    19. Fiaschi, Davide & Marsili, Matteo, 2012. "Distribution of wealth and incomplete markets: Theory and empirical evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 81(1), pages 243-267.
    20. Joshi, Sumit, 1998. "A framework to analyze comparative dynamics in a continuous time stochastic growth model," Economic Modelling, Elsevier, vol. 15(1), pages 125-134, January.

  9. Fwu-Ranq Chang & A. G. Malliaris, 1987. "Asymptotic Growth under Uncertainty: Existence and Uniqueness," Review of Economic Studies, Oxford University Press, vol. 54(1), pages 169-174.

    Cited by:

    1. Olaf Posch & Timo Trimborn, 2011. "Numerical Solution of Dynamic Equilibrium Models under Poisson Uncertainty," CESifo Working Paper Series 3431, CESifo.
    2. Christian Bayer & Alan Rendall & Klaus Wälde, 2018. "The Invariant Distribution of Wealth and Employment Status in a Small Open Economy with Precautionary Savings," Working Papers 1822, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    3. Gilles Dufrénot & Anne-Charlotte Paret Onorato, 2016. "Power-Law Distribution in the Debt-to-Fiscal Revenue Ratio: Empirical Evidence and a Theoretical Model," AMSE Working Papers 1627, Aix-Marseille School of Economics, France.
    4. Dai, Darong, 2012. "A Robust Turnpike Deduced by Economic Maturity," MPRA Paper 48818, University Library of Munich, Germany.
    5. Leong, Chee Kian & Huang, Weihong, 2010. "A stochastic differential game of capitalism," Journal of Mathematical Economics, Elsevier, vol. 46(4), pages 552-561, July.
    6. Behrens, Axel, 1990. "Optimal growth under stochastic resource supply," Kiel Working Papers 438, Kiel Institute for the World Economy (IfW).
    7. Christian Bayer & Klaus Waelde, 2011. "Existence, Uniqueness and Stability of Invariant Distributions in Continuous-Time Stochastic Models," Working Papers 1111, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz, revised 21 Jul 2011.
    8. Bjarne S. Jensen & Martin Richter, 2008. "Stochastic One-Sector and Two-Sector Growth Models in Continuous Time," DEGIT Conference Papers c013_035, DEGIT, Dynamics, Economic Growth, and International Trade.
    9. Darong Dai, 2015. "Robust Turnpikes Deduced by the Minimum-Time Needed toward Economic Maturity," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 9(1), pages 049-073, October.
    10. Dai, Darong, 2012. "Comparative Studies on Cooperative Stochastic Differential Game and Dynamic Sequential Game of Economic Maturity," MPRA Paper 44339, University Library of Munich, Germany.
    11. Wu, Fuke & Mao, Xuerong & Yin, Juliang, 2008. "Uncertainty and economic growth in a stochastic R&D model," Economic Modelling, Elsevier, vol. 25(6), pages 1306-1317, November.
    12. Joshi, Sumit, 1998. "A framework to analyze comparative dynamics in a continuous time stochastic growth model," Economic Modelling, Elsevier, vol. 15(1), pages 125-134, January.

  10. Chang, F. R. & Wildasin, D. E., 1986. "Randomization of commodity taxes : An expenditure minimization approach," Journal of Public Economics, Elsevier, vol. 31(3), pages 329-345, December.

    Cited by:

    1. James R. Hines Jr. & Michael Keen, 2018. "Certain Effects of Uncertain Taxes," NBER Working Papers 25388, National Bureau of Economic Research, Inc.
    2. Fullerton, Don & Mackie, James B. III, 1989. "Economic Efficiency in Recent Tax Reform History: Policy Reversals or Consistent Improvements?," National Tax Journal, National Tax Association;National Tax Journal, vol. 42(1), pages 1-13, March.
    3. Davidson, Carl & Martin, Lawrence & Wilson, John Douglas, 2007. "Efficient black markets?," Journal of Public Economics, Elsevier, vol. 91(7-8), pages 1575-1590, August.

  11. Chang, Fwu-Ranq, 1982. "A note on the stochastic value loss assumption," Journal of Economic Theory, Elsevier, vol. 26(1), pages 164-170, February.

    Cited by:

    1. Joshi, Sumit, 2003. "The stochastic turnpike property without uniformity in convex aggregate growth models," Journal of Economic Dynamics and Control, Elsevier, vol. 27(7), pages 1289-1315, May.
    2. Joshi, Sumit, 1997. "Recursive utility, martingales, and the asymptotic behaviour of optimal processes," Journal of Economic Dynamics and Control, Elsevier, vol. 21(2-3), pages 505-523.
    3. Vassili Kolokoltsov & Wei Yang, 2012. "Turnpike Theorems for Markov Games," Dynamic Games and Applications, Springer, vol. 2(3), pages 294-312, September.
    4. Olson, Lars J. & Roy, Santanu, 2005. "Theory of Stochastic Optimal Economic Growth," Working Papers 28601, University of Maryland, Department of Agricultural and Resource Economics.

Chapters

  1. Fwu-Ranq Chang & A. G. Malliaris, 2005. "Asymptotic Growth under Uncertainty: Existence and Uniqueness," World Scientific Book Chapters, in: Economic Uncertainty, Instabilities And Asset Bubbles Selected Essays, chapter 1, pages 3-8, World Scientific Publishing Co. Pte. Ltd..
    See citations under working paper version above.Sorry, no citations of chapters recorded.

Books

  1. Chang,Fwu-Ranq, 2004. "Stochastic Optimization in Continuous Time," Cambridge Books, Cambridge University Press, number 9780521834063, September.

    Cited by:

    1. Sennewald, Ken & Wälde, Klaus, 2005. ""Ito's Lemma" and the Bellman equation for Poisson processes: An applied view," W.E.P. - Würzburg Economic Papers 58, University of Würzburg, Chair for Monetary Policy and International Economics.
    2. Olaf Posch & Timo Trimborn, 2011. "Numerical Solution of Dynamic Equilibrium Models under Poisson Uncertainty," CESifo Working Paper Series 3431, CESifo.
    3. Tsuboi, Mizuki, 2019. "Resource scarcity, technological progress, and stochastic growth," Economic Modelling, Elsevier, vol. 81(C), pages 73-88.
    4. Ratbek Dzhumashev, 2007. "Corruption, Uncertainty And Growth," Monash Economics Working Papers 15-07, Monash University, Department of Economics.
    5. Chang, Fwu-Ranq, 2005. "A theory of health investment under competing mortality risks," Journal of Health Economics, Elsevier, vol. 24(3), pages 449-463, May.
    6. Tamai, Toshiki, 2016. "Public investment, the rate of return, and optimal fiscal policy in a stochastically growing economy," Journal of Macroeconomics, Elsevier, vol. 49(C), pages 1-17.
    7. Parra-Alvarez, Juan Carlos, 2018. "A Comparison Of Numerical Methods For The Solution Of Continuous-Time Dsge Models," Macroeconomic Dynamics, Cambridge University Press, vol. 22(6), pages 1555-1583, September.
    8. Holm, Martin Blomhoff, 2018. "Consumption with liquidity constraints: An analytical characterization," Economics Letters, Elsevier, vol. 167(C), pages 40-42.
    9. Jesus Marin-Solano & Jorge Navas, 2009. "Consumption and Portfolio Rules for Time-Inconsistent Investors," Papers 0901.2484, arXiv.org, revised Mar 2009.
    10. Kogan, Konstantin, 2012. "Ship-to-order supplies: Contract breachability and the impact of a manufacturer-owned direct channel," European Journal of Operational Research, Elsevier, vol. 218(1), pages 113-123.
    11. Tamai, Toshiki, 2018. "Dynamic provision of public goods under uncertainty," Economic Modelling, Elsevier, vol. 68(C), pages 409-415.
    12. Cieślik, Andrzej & Goczek, Łukasz, 2018. "Control of corruption, international investment, and economic growth – Evidence from panel data," World Development, Elsevier, vol. 103(C), pages 323-335.
    13. Tsuboi, Mizuki, 2019. "Consumption, welfare, and stochastic population dynamics when technology shocks are (Un)tied," Economic Modelling, Elsevier, vol. 79(C), pages 74-85.
    14. Brock, W. A. & Xepapadeas, A., 2015. "Modeling Coupled Climate, Ecosystems, and Economic Systems," Climate Change and Sustainable Development 206837, Fondazione Eni Enrico Mattei (FEEM).
    15. Fwu‐Ranq Chang, 2009. "Optimal growth and impatience: A phase diagram analysis," International Journal of Economic Theory, The International Society for Economic Theory, vol. 5(2), pages 245-255, June.
    16. Dzhumashev Ratbek, 2016. "The Role of Income Uncertainty in the Corruption–Growth Nexus," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 16(2), pages 1169-1201, April.
    17. Gilles Dufrénot & Anne-Charlotte Paret Onorato, 2016. "Power-Law Distribution in the Debt-to-Fiscal Revenue Ratio: Empirical Evidence and a Theoretical Model," AMSE Working Papers 1627, Aix-Marseille School of Economics, France.
    18. Juan Carlos Parra-Alvarez & Hamza Polattimur & Olaf Posch, 2020. "Risk Matters: Breaking Certainty Equivalence," CESifo Working Paper Series 8250, CESifo.
    19. Wen-Kai Wang & Christian-Oliver Ewald, 2010. "Dynamic voluntary provision of public goods with uncertainty: a stochastic differential game model," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 33(2), pages 97-116, November.
    20. A. Mantovi, 2016. "Stochastic and path dependence effects in the diffusion of ideas," Economics Department Working Papers 2016-EP02, Department of Economics, Parma University (Italy).
    21. Robert Feicht & Wolfgang Stummer, 2010. "Complete Closed-form Solution to a Stochastic Growth Model and Corresponding Speed of Economic Recovery preliminary," DEGIT Conference Papers c015_041, DEGIT, Dynamics, Economic Growth, and International Trade.
    22. Alvarez, Luis H.R. & Koskela, Erkki, 2007. "Taxation and rotation age under stochastic forest stand value," Journal of Environmental Economics and Management, Elsevier, vol. 54(1), pages 113-127, July.
    23. Olaf Posch, 2018. "Resurrecting the New-Keynesian Model: (Un)conventional Policy and the Taylor Rule," CESifo Working Paper Series 6925, CESifo.
    24. Lu, L. & Elbakidze, L., 2018. "Climate Smart Pest Management," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277402, International Association of Agricultural Economists.
    25. Simone Marsiglio, 2016. "Uncertainty, Crowding Aversion and Tourism Aversion in Tourism Destinations," Tourism Economics, , vol. 22(1), pages 111-123, February.
    26. Toshio Kimura & Naoki Makimoto, 2008. "Optimal Mortgage Refinancing with Regime Switches," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 15(1), pages 47-65, March.
    27. Ratbek Dzhumashev & Emin Gahramanov, 2008. "Can We Tax The Desire For Tax Evasion?," Monash Economics Working Papers 28/08, Monash University, Department of Economics.
    28. Leong, Chee Kian & Huang, Weihong, 2010. "A stochastic differential game of capitalism," Journal of Mathematical Economics, Elsevier, vol. 46(4), pages 552-561, July.
    29. Klaus Wälde, 2009. "Production Technologies in Stochastic Continuous Time Models," CESifo Working Paper Series 2831, CESifo.
    30. Mizuki Tsuboi, 2018. "Stochastic accumulation of human capital and welfare in the Uzawa–Lucas model: an analytical characterization," Journal of Economics, Springer, vol. 125(3), pages 239-261, November.
    31. Fwu-Ranq Chang, 2008. "Property Insurance, Portfolio Selection and their Interdependence," CESifo Working Paper Series 2260, CESifo.
    32. Ryoji Hiraguchi, 2013. "On a closed-form solution to the stochastic Lucas–Uzawa model," Journal of Economics, Springer, vol. 108(2), pages 131-144, March.
    33. Müller-Plantenberg, Nikolas, 2012. "Boom-and-bust cycles marked by capital inflows, current account deterioration and a rise and fall of the real exchange rate," Working Papers in Economic Theory 2012/10, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    34. Ratbek Dzhumashev & Vinod Mishra & Russell Smyth, 2011. "Exporting, R&D Investment and Firm Survival," Monash Economics Working Papers 39-11, Monash University, Department of Economics.
    35. Marutani, Teruhiko, 2010. "The effect of site quality on economically optimal stand management," Journal of Forest Economics, Elsevier, vol. 16(1), pages 35-46, January.
    36. Lu, Liang & Elbakidze, Levan, 2012. "Application of Comparative Dynamics in Stochastic Invasive Species Management in Agricultural Production," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124971, Agricultural and Applied Economics Association.
    37. A. Bucci & C. Colapinto & M. Forster & D. La Torre, 2011. "Stochastic technology shocks in an extended Uzawa–Lucas model: closed-form solution and long-run dynamics," Journal of Economics, Springer, vol. 103(1), pages 83-99, May.
    38. A. Mantovi, 2009. "Long run value stabilization in a real options perspective," Economics Department Working Papers 2009-EP01, Department of Economics, Parma University (Italy).
    39. Wirl, Franz, 2015. "Output adjusting cartels facing dynamic, convex demand under uncertainty: The case of OPEC," Economic Modelling, Elsevier, vol. 44(C), pages 307-316.
    40. Leon-Santana, Miguel & Hernandez, Juan M., 2008. "Optimum management and environmental protection in the aquaculture industry," Ecological Economics, Elsevier, vol. 64(4), pages 849-857, February.
    41. Ewald, Christian-Oliver & Wang, Wen-Kai, 2011. "Analytic solutions for infinite horizon stochastic optimal control problems via finite horizon approximation: A practical guide," Mathematical Social Sciences, Elsevier, vol. 61(3), pages 146-151, May.
    42. Tsuboi, Mizuki, 2020. "Growth, R&D, and uncertainty," Economic Modelling, Elsevier, vol. 87(C), pages 394-400.
    43. Samuel Wills, 2015. "Seven Principles for Managing Resource Wealth," OxCarre Working Papers 154, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    44. Tamai, Toshiki, 2013. "The macroeconomic effects of fiscal policy in a stochastically growing economy," Economic Modelling, Elsevier, vol. 35(C), pages 464-471.
    45. Md. Azizul Baten & Anton Abdulbasah Kamil, 2013. "Optimal Consumption in a Stochastic Ramsey Model with Cobb-Douglas Production Function," International Journal of Mathematics and Mathematical Sciences, Hindawi, vol. 2013, pages 1-8, March.
    46. Ratbek Dzhumashev & Emin Gahramanov, 2010. "A Growth Model with Income Tax Evasion: Some Implications for Australia," The Economic Record, The Economic Society of Australia, vol. 86(275), pages 620-636, December.
    47. Wills, Samuel, 2018. "Leave the volatility fund alone: Principles for managing oil wealth," Journal of Macroeconomics, Elsevier, vol. 55(C), pages 332-352.

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