Robust Comparative Statics in Large Dynamic Economies
نویسندگان
چکیده
منابع مشابه
Robust Comparative Statics in Large Dynamic Economies
We consider infinite-horizon economies populated by a continuum of agents subject to idiosyncratic shocks. This framework contains models of saving and capital accumulation with incomplete markets in the spirit of works by Bewley, Aiyagari, and Huggett, models of entry, exit and industry dynamics in the spirit of Hopenhayn’s work as well as dynamic models of occupational choice and search model...
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ژورنال
عنوان ژورنال: Journal of Political Economy
سال: 2015
ISSN: 0022-3808,1537-534X
DOI: 10.1086/680685