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Technology choice, externalities in production, and a chaotic middle-income trap

Asano, Takao; Shibata, Akihisa; Yokoo, Masanori - 2023

Persistent link: https://www.econbiz.de/10014285395

Controlling chaotic fluctuations through monetary policy

Asano, Takao; Shibata, Akihisa; Yokoo, Masanori - 2023

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Middle-income traps and complexity in economic development

Asano, Takao; Shibata, Akihisa; Yokoo, Masanori - In: Studies in nonlinear dynamics and econometrics : SNDE ; … 27 (2023) 4, pp. 553-565

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Technology choice, externalities in production, and a chaotic middle-income trap

Asano, Takao; Shibata, Akihisa; Yokoo, Masanori - In: Journal of economics 141 (2024) 1, pp. 29-56

Persistent link: https://www.econbiz.de/10014519201

Threshold nonlinearities and asymmetric endogenous business cycles

Ishida, Junichiro; Yokoo, Masanori - In: Journal of Economic Behavior & Organization 54 (2004) 2, pp. 175-189

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Misperception-driven chaos: Theory and policy implications

Yokoo, Masanori; Ishida, Junichiro - In: Journal of Economic Dynamics and Control 32 (2008) 6, pp. 1732-1753

In a large economy, it is extremely difficult, if not impossible, to immediately grasp the state of our surrounding environment with precision since we normally have access only to a subset of relevant information. In this paper, we introduce this information imperfection into an ordinary model...

Persistent link: https://www.econbiz.de/10005229618