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

Journal of Economic Dynamics and Control, Vol. 24, No. 6, 2000

University of Chicago, Harris School of Public Policy, Working paper series 99.16

14 Pages Posted: 27 Jun 2012

Multiple version iconThere are 2 versions of this paper

Date Written: March 1999

Abstract

Higher-order discrete dynamic systems arise naturally in many economic models in which the problem at hand requires an explicit treatment of dynamics involving lags of more than one period. In studying such models, one type of analysis that economists are often interested in is the assessment of the signs and the magnitudes of the effects of a change in the parameters of the dynamics system on the stable steady-states of the system. This paper presents some results for such comparative statics analysis. Brief remarks explain the results and illustrate their potential economic usefulness.

Suggested Citation

Sah, Raaj Kumar, Some Results for the Comparative Statics of Steady-States of Higher-Order Discrete Dynamic Systems (March 1999). Journal of Economic Dynamics and Control, Vol. 24, No. 6, 2000; University of Chicago, Harris School of Public Policy, Working paper series 99.16. Available at SSRN: https://ssrn.com/abstract=2087000

Raaj Kumar Sah (Contact Author)

University of Chicago ( email )

Chicago, IL 60637
United States
+1 773 288 1117 (Phone)

Register to save articles to
your library

Register

Paper statistics

Downloads
13
Abstract Views
225
PlumX Metrics