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Monotonicity and Continuity of the Critical Capital Stock in the Dechert-Nishimura Model

Akao, Ken-Ichi; Kamihigashi, Takashi; Nishimura, Kazuo - Research Institute for Economics and Business … - 2011

We show that the critical capital stock of the Dechert-Nishimura (1983) model is a decreasing and continuous function of the discount factor. We also show that the critical capital stock merges with a nonzero steady state as the discount factor decreases to a certain boundary value, and that the...

Persistent link: https://www.econbiz.de/10009003257

Public spending as a source of endogenous business cycles in a Ramsey model with many agents

Nishimura, Kazuo; Nourry, Carine; Seegmuller, Thomas; … - In: Macroeconomic dynamics 20 (2016) 2, pp. 504-524

Persistent link: https://www.econbiz.de/10011577323

Optimal cycles and chaos : a survey

Nishimura, Kazuo (contributor); Sorger, Gerhard (contributor) - In: Studies in nonlinear dynamics and econometrics : SNDE ; … 1 (1996) 1, pp. 11-28

Persistent link: https://www.econbiz.de/10001769599

Non-linear dynamics in the infinite time horizon model

Nishimura, Kazuo; Sorger, Gerhard - In: Surveys in economic dynamics, (pp. 115-148). 2000

Persistent link: https://www.econbiz.de/10001640431

Non-linear dynamics and chaos in optimal growth: a constructive exposition

Nishimura, Kazuo; Yano, Makoto - In: Optimization and chaos, (pp. 258-295). 2000

Persistent link: https://www.econbiz.de/10001490141

Equilibrium growth and nonlinear dynamics in continuous-time models

Nishimura, Kazuo - In: The Japanese economic review : the journal of the … 52 (2001) 1, pp. 1-19

Persistent link: https://www.econbiz.de/10001558473

Sufficient conditions for the existence of periodic cycles in discrete-time intertemporal optimization models and applications to optimal growth and the adjustment-cost theory in i...

Benhabib, Jess; Nishimura, Kazuo - 1983

Persistent link: https://www.econbiz.de/10001892411

Capital depreciation, indeterminacy and cycles in two-sector economies

Nishimura, Kazuo; Venditti, Alain - In: Economic theory, dynamics and markets : essays in honor …, (pp. 189-197). 2001

Persistent link: https://www.econbiz.de/10001785948

Stability of stochastic optimal growth models : a new approach

Nishimura, Kazuo; Stachurski, John - In: Journal of economic theory 122 (2005) 1, pp. 100-118

Persistent link: https://www.econbiz.de/10002825169

Stochastic optimal growth when the discount rate vanishes

Nishimura, Kazuo (contributor); Stachurski, John (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002134143