A Sufficient Condition for Topological Chaos with an Application to a Model of Endogenous Growth

نویسنده

  • Tapan Mitra
چکیده

This paper provides an easily verifiable sufficient condition for topological chaos for unimodal maps which can be satisfied when the well-known Li Yorke condition is not satisfied. It then shows how this result can be applied to a model of endogenous growth with externalities to establish the existence of chaotic equilibrium growth paths in that framework. Journal of Economic Literature Classification Numbers: C61, D90, O41. 2001 Academic Press

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عنوان ژورنال:
  • J. Economic Theory

دوره 96  شماره 

صفحات  -

تاریخ انتشار 2001