英文文献:Stability of Stationary Distributions in Monotone Economies-单调经济中平稳分布的稳定性
英文文献作者:Takashi Kamihigashi,John Stachurski
英文文献摘要:
This paper generalizes the sufficient conditions for stability of monotone economies and time series models due to Hopenhayn and Prescott (Econometrica, 60, p. 1387–1406, 1992). We introduce a new order-theoretic mixing condition and characterize stability for monotone economies satisfying this condition. We also provide a range of results that can be used to verify our mixing condition in applications, as well as the other components of our main stability theorem. Through this approach, we extend Hopenhayn and Prescott’s method to a significantly larger class of problems, and develop new perspectives on the causes of instability and stability.
本文推广了基于Hopenhayn和Prescott (Econometrica, 60, p. 1387-1406, 1992)的单调经济和时间序列模型的稳定性的充分条件。引入了一个新的序论混合条件,刻画了满足该条件的单调经济体的稳定性。我们还提供了一系列的结果,可以用来验证我们的混合条件在应用中,以及我们的主要稳定性定理的其他部分。通过这种方法,我们将Hopenhayn和Prescott的方法扩展到一个更大的问题类别,并对不稳定和稳定的原因发展了新的观点。