Turnpike Theory

PUBLISHED WORK

“On the Dual Stability of a von Neumann Facet and the Inefficacy of Temporary Fiscal Policy,” Econometrica 66-2, 427-452, March 1998.

“Comparative Statics in Dynamic Stochastic Models: Differential Analysis of a Stochastic Modified Golden Rule State in a Banach Space,” Journal of Mathematical Economics, 18, 169-185, 1989.

“Competitive Equilibria on Turnpikes in a McKenzie Economy, I: A Neighborhood Turnpike Theorem,” International Economic Review, 25-3, 695-717, October 1984.

“Corridendem: Turnpike Theory: Some Corrections,” Econometrica, 48-7, 1839-1840, November 1980 (Lionel McKenzie and Makoto Yano).