Non‐linear Dynamics in the Infinite Time Horizon Model
综述了最优增长理论中非线性动力学的应用，解释商业周期和各国增长差异，重点关注资本积累模型中的波动和非唯一性。
Using results from the theory of non‐linear dynamical systems, it has been shown that optimal growth theory can provide new explanations for business cycles and for international differences in growth and development. The present survey concentrates on this aspect of optimal growth theory, that is on the possibility of fluctuations and non‐uniqueness in models of optimal capital accumulation. It is a selective survey on non‐linear dynamics in infinite time horizon models of optimal growth.