出版社:Charles University in Prague, Faculty of Social Sciences, Institute of Economic Studies ; CEEOL
摘要:Stationary and ergodic probability distribution is derived and the stochastic balanced path of capital accumulation is defined via corresponding martingale path. Moreover, stochastic version of asymptotic turnpike theorem is established in the sense of uniform topology and also neighborhood type of stochastic turnpike theorem is demonstrated in the sense of ergodic measure.
关键词:Stochastic growth; modified Golden Rule; turnpike theorem; ergodic consumption; martingale-path of capital accumulation