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Optimal consumption analysis for a stochastic growth model with technological shocks

  • Published:2018-08-16 Issue:5 Volume:34 Page:746-755
  • ISSN:1524-1904
  • Container-title:Applied Stochastic Models in Business and Industry
  • language:en
  • Short-container-title:Appl Stochastic Models Bus Ind

Author:

Yuan Weipeng1,Lai Shaoyong1,Hu Hanlei1

Affiliation:

1. School of Economic Mathematics; Southwestern University of Finance and Economics; Chengdu 611130 China

Publisher

Wiley

Subject

Management Science and Operations Research,General Business, Management and Accounting,Modelling and Simulation

Reference21 articles.

1. Butler A Pakko MR R&D Spending and Cyclical Fluctuations: Putting the ‘Technology’ in Technology Shocks 1998 http://research.stlouisfed.org/wp/more/1998-020

2. Production technologies in stochastic continuous time models;Wälde;J Econ Dyn Control,2009

3. Stochastic technology shocks in an extended Uzawa-Lucas model: closed-form solution and long-run dynamics;Bucci;J Econ,2011

4. Understanding the effect of technology shocks in SVARs with long-run restrictions;Jeremy;J Econ Dyn Control,2014

5. Technology shocks and labor market dynamics: some evidence and theory;Zheng;J Monet Econ,2005

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