应用数学2006,Vol.19Issue(2):319-324,6.
递规效用,污染和随机经济增长
Recursive Utility,Pollution and Stochastic Economic Growth
摘要
Abstract
In this paper, we introduce recursive utility into a stochastic endogenous growth model with pollution. This paper proves that under appropriate macroeconomic equilibrium conditions, the equilibrium values of the main economic indexes are uniquely determined by the parameters in the model. This paper also proves that the effects of many parameters in the model on the welfare and economic growth are related to the intertemporal elasticity of substitution rather than risk aversion.关键词
递规效用/随机最优化/Bellman方程/环境保护/随机增长Key words
Recursive utility/Stochastic optimization/Bellman equation/Environmental protection/Stochastic growth分类
数理科学引用本文复制引用
张学清,胡适耕,王海军..递规效用,污染和随机经济增长[J].应用数学,2006,19(2):319-324,6.基金项目
Supported by the National Natural Science Foundation of China (70271069) (70271069)