Abstract

http://ssrn.com/abstract=2085856
 


 



Results for Economic Comparative Statics of Steady-States of Higher-Order Discrete Dynamic Systems


Raaj Kumar Sah


University of Chicago

September 1988

Journal of Economic Dynamics and Control, Vol. 24, No. 6, September 2000
Yale University Economic Growth Center Discussion Paper No. 562

Abstract:     
Non-linear systems of difference equations of various orders arise naturally in many economic models in which the dynamics is explicit. In such contexts, economists often have potential interest in the comparative statics of locally stable steady-states, with respect to the system's parameters.

This paper presents some intuitive and directly usable results for such comparative statics. That is, they establish some usable consequences of qualitative assumptions or information concerning the features of the original dynamic system on the signs and magnitudes of the resulting expressions for comparative statics.

Number of Pages in PDF File: 18

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Date posted: June 27, 2012  

Suggested Citation

Sah, Raaj Kumar, Results for Economic Comparative Statics of Steady-States of Higher-Order Discrete Dynamic Systems (September 1988). Journal of Economic Dynamics and Control, Vol. 24, No. 6, September 2000; Yale University Economic Growth Center Discussion Paper No. 562. Available at SSRN: http://ssrn.com/abstract=2085856

Contact Information

Raaj Kumar Sah (Contact Author)
University of Chicago ( email )
5811 S Dorchester Ave #11G
Chicago, IL 60637
United States
+1 773 288 1117 (Phone)
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