Random dynamical systems: a review
- Cite this article as:
- Bhattacharya, R. & Majumdar, M. Economic Theory (2003) 23: 13. doi:10.1007/s00199-003-0357-4
- 398 Downloads
This paper provides a review of some results on the stability of random dynamical systems and indicates a number of applications to stochastic growth models, linear and non-linear time series models, statistical estimation of invariant distributions, and random iterations of quadratic maps.