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Type | Working Paper |
Scope | Discipline-based scholarship |
Title | Random Dynamical Systems in Economics |
Organization Unit | |
Authors |
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Language |
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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 |
PDF File | Download from ZORA |
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