Show simple item record

dc.contributor.authorJensen, Martin Kaae
dc.contributor.authorAcemoglu, K. Daron
dc.date.accessioned2018-03-01T20:25:45Z
dc.date.available2018-03-01T20:25:45Z
dc.date.issued2015-06
dc.identifier.issn0022-3808
dc.identifier.issn1537-534X
dc.identifier.urihttp://hdl.handle.net/1721.1/113904
dc.description.abstractWe consider infinite-horizon economies populated by a continuum of agents subject to idiosyncratic shocks. This framework contains models of saving and capital accumulation with incomplete markets in the spirit of works by Bewley, Aiyagari, and Huggett; models of entry, exit, and industry dynamics in the spirit of Hopenhayn’s work; and dynamic models of occupational choice and search models as special cases. Robust and easy-to-apply comparative statics results are established with respect to exogenous parameters as well as various kinds of changes in the Markov processes governing the law of motion of the idiosyncratic shocks.en_US
dc.publisherUniversity of Chicago Pressen_US
dc.relation.isversionofhttp://dx.doi.org/10.1086/680685en_US
dc.rightsArticle is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.en_US
dc.sourceUniversity of Chicago Pressen_US
dc.titleRobust Comparative Statics in Large Dynamic Economiesen_US
dc.typeArticleen_US
dc.identifier.citationAcemoglu, Daron, and Martin Kaae Jensen. “Robust Comparative Statics in Large Dynamic Economies.” Journal of Political Economy 123, no. 3 (June 2015): 587–640. © 2015 The University of Chicagoen_US
dc.contributor.departmentMassachusetts Institute of Technology. Department of Economicsen_US
dc.contributor.mitauthorAcemoglu, K. Daron
dc.relation.journalJournal of Political Economyen_US
dc.eprint.versionFinal published versionen_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/PeerRevieweden_US
dc.date.updated2018-02-12T20:21:44Z
dspace.orderedauthorsAcemoglu, Daron; Jensen, Martin Kaaeen_US
dspace.embargo.termsNen_US
dc.identifier.orcidhttps://orcid.org/0000-0003-0908-7491
mit.licensePUBLISHER_POLICYen_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record