Stochastic Growth: Asymptotic Distributions
نویسنده
چکیده
The date of receipt and acceptance will be inserted by the editor Summary. This note studies conditions under which sequences of state variables generated by discrete-time stochastic optimal accumulation models have law of large numbers and central limit properties. Productivity shocks with unbounded support are considered. Instead of restrictions on the support of the shock, an " average contraction " property is required on technology.
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تاریخ انتشار 2002