Random Dynamical Systems in Economics

University of Zurich, IEER Working Paper No. 67

21 Pages Posted: 4 Apr 2002

See all articles by Klaus Reiner Schenk-Hoppé

Klaus Reiner Schenk-Hoppé

University of Manchester - Department of Economics; Norwegian School of Economics (NHH) - Department of Finance

Multiple version iconThere are 2 versions of this paper

Date Written: December 2000

Abstract

This paper surveys recent advances in the application of random dynamical systems theory in economics. It illustrates the usefulness of this framework for modeling and analysis of economic phenomena with stochastic components, mainly focusing on stochastic dynamic models in economic growth. The paper also highlights some directions for further applications and interdisciplinary research on random dynamical systems.

Suggested Citation

Schenk-Hoppé, Klaus Reiner, Random Dynamical Systems in Economics (December 2000). University of Zurich, IEER Working Paper No. 67. Available at SSRN: https://ssrn.com/abstract=259135 or http://dx.doi.org/10.2139/ssrn.259135

Klaus Reiner Schenk-Hoppé (Contact Author)

University of Manchester - Department of Economics ( email )

Arthur Lewis Building
Oxford Road
Manchester, M13 9PL
United Kingdom

Norwegian School of Economics (NHH) - Department of Finance ( email )

Helleveien 30
N-5045 Bergen
Norway

Register to save articles to
your library

Register

Paper statistics

Downloads
988
rank
21,566
Abstract Views
3,550
PlumX Metrics
!

Under construction: SSRN citations will be offline until July when we will launch a brand new and improved citations service, check here for more details.

For more information