Abstract
A general model of dynamic optimization, deterministic, in discrete time, and with infinite time horizon is considered. We assume that there are parameters in the formulation of the model. Conditions for stability of the optimal solution are studied. Analysis of steady state comparative statics and comparative dynamics are presented. In addition we apply these results to a quadratic case and to an economic example: a one sector growth model.
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This research was financed by the Universidad Complutense de Madrid, project PR295/95-6073
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Antón, J., Cerdá, E. & Huergo, E. Sensitivity analysis in A class of dynamic optimization models. Top 6, 97–121 (1998). https://doi.org/10.1007/BF02564800
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DOI: https://doi.org/10.1007/BF02564800