Sato, Kenji; Yano, Makoto - In: Macroeconomic Dynamics 16 (2012) S1, pp. 127-138
Many economic analyses are based on the property that the value of a commodity vector responds continuously to a change in economic environment. As is well known, however, many infinite-dimensional models, such as an infinite–time horizon stochastic growth model, lack this property. In the...