Home > Research > Publications & Outputs > Prometheus bound
View graph of relations

Prometheus bound: polarization is possible in the neoclassical growth model

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Published

Standard

Prometheus bound: polarization is possible in the neoclassical growth model. / Tsionas, Michael; Theocharis, Loukas.
In: Metroeconomica, Vol. 59, No. 2, 05.2008, p. 203-211.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Harvard

APA

Vancouver

Tsionas M, Theocharis L. Prometheus bound: polarization is possible in the neoclassical growth model. Metroeconomica. 2008 May;59(2):203-211. doi: 10.1111/j.1467-999X.2008.00300.x

Author

Tsionas, Michael ; Theocharis, Loukas. / Prometheus bound : polarization is possible in the neoclassical growth model. In: Metroeconomica. 2008 ; Vol. 59, No. 2. pp. 203-211.

Bibtex

@article{af97c9b59744405198b087526c414737,
title = "Prometheus bound: polarization is possible in the neoclassical growth model",
abstract = "The paper demonstrates that the standard neoclassical model of stochastic growth in the absence of any other modifications is consistent with club convergence contrary to the analysis in Cetorelli (2002, Journal of Economic Dynamics and Control, 27, pp. 29–50). In that sense, it is not necessary to augment the model with a probability of adverse shocks that is inversely related to aggregate capital stock or provide other modifications.",
author = "Michael Tsionas and Loukas Theocharis",
year = "2008",
month = may,
doi = "10.1111/j.1467-999X.2008.00300.x",
language = "English",
volume = "59",
pages = "203--211",
journal = "Metroeconomica",
issn = "0026-1386",
publisher = "John Wiley and Sons Inc.",
number = "2",

}

RIS

TY - JOUR

T1 - Prometheus bound

T2 - polarization is possible in the neoclassical growth model

AU - Tsionas, Michael

AU - Theocharis, Loukas

PY - 2008/5

Y1 - 2008/5

N2 - The paper demonstrates that the standard neoclassical model of stochastic growth in the absence of any other modifications is consistent with club convergence contrary to the analysis in Cetorelli (2002, Journal of Economic Dynamics and Control, 27, pp. 29–50). In that sense, it is not necessary to augment the model with a probability of adverse shocks that is inversely related to aggregate capital stock or provide other modifications.

AB - The paper demonstrates that the standard neoclassical model of stochastic growth in the absence of any other modifications is consistent with club convergence contrary to the analysis in Cetorelli (2002, Journal of Economic Dynamics and Control, 27, pp. 29–50). In that sense, it is not necessary to augment the model with a probability of adverse shocks that is inversely related to aggregate capital stock or provide other modifications.

U2 - 10.1111/j.1467-999X.2008.00300.x

DO - 10.1111/j.1467-999X.2008.00300.x

M3 - Journal article

VL - 59

SP - 203

EP - 211

JO - Metroeconomica

JF - Metroeconomica

SN - 0026-1386

IS - 2

ER -