search query: @author Hek, P. de / total: 2
reference: 1 / 2
« previous | next »
Author: | Hek, P. de Roy, S. |
Title: | On sustained growth under uncertainty |
Journal: | International Economic Review
2001 : AUG, VOL. 42:3, p. 801-813 |
Index terms: | Economic growth Economic performance Uncertainty Stochastic processes |
Language: | eng |
Abstract: | The authors analyze a stochastic one-sector model of economic growth and investigate the conditions under which long-run growth occurs almost surely. In contrast to the deterministic version of the model, the utility function plays a crucial role in determining the long-run behavior of output. |
« previous | next »
SCIMA