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Contribution Details

Type Working Paper
Scope Discipline-based scholarship
Title Random Dynamical Systems in Economics
Organization Unit
Authors
  • Klaus Reiner Schenk-Hoppé
Language
  • English
Institution University of Zurich
Series Name Working paper series / Institute for Empirical Research in Economics
Number No. 67
ISSN 1424-0459
Date 2000
Abstract Text This paper surveys recent advances in the application of random dynamical systems theory in economics. It illustrates the usefulness of this framework for modeling and analysis of economic phenomena with stochastic components, mainly focusing on stochastic dynamic models in economic growth. The paper also highlights some directions for further applications and interdisciplinary research on random dynamical systems.
Official URL http://www.econ.uzh.ch/wp.html
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