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Results For Economic Comparative Statics Of Steady-States Of Higher-Order Discrete Dynamic Systems

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  • SAH, R.K.

Abstract

Higher-order discrete dynamic systems arise naturally in many economic models in which the problem at hand requires an explicit treatment of dynamics involving lags of more than one period. In studying such models, one type of analysis that economists are often interested in is the assessment of the signs and the magnitudes of the effects of a change in the parameters of the dynamic system on the stable steady-states of the system. This paper presents some results for such comparative statics analysis. Brief remarks explain the results and illustrate their potential economic usefulness.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Sah, R.K., 1988. "Results For Economic Comparative Statics Of Steady-States Of Higher-Order Discrete Dynamic Systems," Papers 562, Yale - Economic Growth Center.
    • Handle: RePEc:fth:yalegr:562
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    2. Sah, Raaj, 2007. "Corruption across countries and regions: Some consequences of local osmosis," Journal of Economic Dynamics and Control, Elsevier, vol. 31(8), pages 2573-2598, August.

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