In estimation and calibration studies the concept of ergodicity plays a fundamental role. At the same time, a … significant number of economic models do not satisfy the classical ergodicity conditions. Motivated by existing work on economic … dynamics, we develop a new set of results on ergodicity using an ordertheoretic approach. Our conditions are necessary and …

In both estimation and calibration studies, the notion of ergodicity plays a fundamental role, permitting time series … quantitative modeling do not satisfy the classical ergodicity conditions. In this paper we develop a new set of ergodicity …. It’s notable that the classical ergodicity results can be recovered as a special case of our main theorem. …