**Random Quote:** *Ordinarily, people are anxious to test their theories
in practice, to learn from experience, but those who wield power are so
anxious to establish the myth of their own infallibility that they turn
their backs on the truth as squarely as they can. Politics means nothing
to me. I don’t like people who are indifferent to the truth.* – Boris
Pasternak

Solving Recursive Utility Models with Preference Shocks

John Stachurski, Ole Wilms and Junnan Zhang (2021)

slides

Systemic Risk in Financial Systems: Properties of Equilibria

John Stachurski (2021)

working paper

Poverty Traps

Costas Azariadis and John Stachurski

**Handbook of Economic Growth**, S. Durlauf and P. Aghion, eds, North-Holland, 2005

Coase Meets Bellman: Dynamic Programming and Production Chains

Tomoo Kikuchi, Kazuo Nishimura, John Stachurski, and Junnan Zhang

**Journal of Economic Theory**, 196, 105287, 2021

Dynamic Programming with Value Convexity

Guanlong Ren and John Stachurski

**Automatica**, 2021.109641, 2021

Stability of Equilibrium Asset Pricing Models: A Necessary and Sufficient Condition

Jaroslav Borovicka and John Stachurski

**Journal of Economic Theory**, 193, 105227, 2021

Dynamic Programming with State-Dependent Discounting

John Stachurski and Junnan Zhang

**Journal of Economic Theory**, 192, 105190, 2021

Dynamic Programming Deconstructed

Qingyin Ma and John Stachurski

**Operations Research**, in press, 2021

Partial Stochastic Dominance via Optimal Transport

Takashi Kamihigashi and John Stachurski

**Operations Research Letters**, 48(5), 584-586, 2020

Reproducibly Sampling SARS-CoV-2 Genomes Across Time, Geography, and Viral Diversity

with J. Gregory Caporaso et al.

**F1000 Research**, article 9-657, 2020

The Income Fluctuation Problem and the Evolution of Wealth

Qingyin Ma, John Stachurski, and Alexis Akira Toda

**Journal of Economic Theory**, 187, 2020

Trade Clustering and Power Laws in Financial Markets

Makoto Nirei, John Stachurski and Tsutomu Watanabe

**Theoretical Economics**, 15(4), 1365-1398, 2020

Necessary and Sufficient Conditions for Existence and Uniqueness of Recursive Utilities

Jaroslav Borovicka and John Stachurski

**Journal of Finance**, 75(3), 1457-1493, 2020

A Unified Stability Theory for Classical and Monotone Markov Chains

Takashi Kamihigashi and John Stachurski

**Journal of Applied Probability**, 56-1, 2019

An Impossibility Theorem for Wealth in Heterogeneous-agent Models with Limited Heterogeneity

John Stachurski and Alexis Akira Toda

**Journal of Economic Theory**, 182, 1–24, July 2019

Optimal Timing of Decisions: A General Theory Based on Continuation Values

Qingyin Ma and John Stachurski

**Journal of Economic Dynamics and Control**, 101, 62–81, 2019

Volatile Capital Flows and Financial Integration: The Role of Moral Hazard

Tomoo Kikuchi, John Stachurski and George Vachadze

**Journal of Economic Theory**, 176, 170–192, 2018

Span of Control, Transaction Costs and the Structure of Production Chains

Tomoo Kikuchi, Kazuo Nishimura and John Stachurski

**Theoretical Economics**, 13 (2), 729-760, 2018

Seeking Ergodicity in Dynamic Economies

Takashi Kamihigashi and John Stachurski

**Journal of Economic Theory**, 163, 900–924, 2016

Perfect Simulation for Models of Industry Dynamics

Takashi Kamihigashi and John Stachurski

**journal of Mathematical Economics**, 56, 9–14, 2015

Simulation-Based Density Estimation for Time Series using Covariate Data

Yin Liao and John Stachurski

**Journal of Business and Economic Statistics**, 33, 595–606, 2015

Solving the Income Fluctuation Problem with Unbounded Rewards

Huiyu Li and John Stachurski

**Journal of Economic Dynamics and Control**, 45, 353–365, August 2014

Stochastic Stability in Monotone Economies

Takashi Kamihigashi and John Stachurski

**Theoretical Economics**, 9 (2), 383–407, 2014

Stochastic Optimal Growth with Risky Labor Supply

Yiyong Cai, Takashi Kamihigashi and John Stachurski

**Journal of Mathematical Economics**, 50, 167–176, 2014

Fitted Value Function Iteration with Probability One Contractions

Jeno Pal and John Stachurski

**Journal of Economic Dynamics and Control**, 37, 251–264, 2013

Simple Fixed Point Results for Order Preserving Self Maps and Applications to Nonlinear Markov Operators

Takashi Kamihigashi and John Stachurski

**Fixed Point Theory and Applications**, 351 (1), 2013

Bounding Tail Probabilities in Dynamic Economic Models

John Stachurski

**Macroeconomic Dynamics**, 16, 117–126, 2012

Generalized Look-Ahead Methods for Computing Stationary Densities

R. Anton Braun, Huiyu Li and John Stachurski

**Mathematics of Operations Research**, 37, 489-500, 2012

An Order-Theoretic Mixing Condition for Monotone Markov Chains

Takashi Kamihigashi and John Stachurski

**Statistics and Probability Letters**, 82, 262–267, 2012

Perfect Simulation of Stationary Equilibria

Kazuo Nishimura and John Stachurski

**Journal of Economic Dynamics and Control**, 34, 577–584, 2010

Endogenous Inequality and Fluctuations in a Two-Country Model

Tomoo Kikuchi and John Stachurski

**Journal of Economic Theory**, 144, 1560–1571, 2009

On Geometric Ergodicity of the Commodity Pricing Model

Kazuo Nishimura and John Stachurski

**International Journal of Economic Theory**, 5, 293–300, 2009

Equilibrium Storage with Multiple Commodities

Kazuo Nishimura and John Stachurski

**Journal of Mathematical Economics**, 45, 80–96, 2009

Computing the Distributions of Economic Models via Simulation

John Stachurski and Vance Martin

**Econometrica**, 76 (2), 443–450, 2008

Continuous State Dynamic Programming via Nonexpansive Approximation

John Stachurski

**Computational Economics**, 31 (2), 141–160, 2008

Parametric Continuity of Stationary Distributions

Cuong Le Van and John Stachurski

**Economic Theory**, 33 (2), 333–348, 2007

Stochastic Optimal Growth when the Discount Rate Vanishes

Kazuo Nishimura and John Stachurski

**Journal of Economic Dynamics and Control**, 31 (4), 1416–1430, 2007

Log-Linearization of Stochastic Economic Models

John Stachurski

**Journal of Difference Equations and Applications**, 13 , 217–222, 2007

Stochastic Optimal Growth with Nonconvexities

Kazuo Nishimura, Ryszard Rudnicki and John Stachurski

**Journal of Mathematical Economics**, 42 (1), 74–96, 2006

Some Stability Results for Markovian Economic Semigroups

Leonard J. Mirman, Kevin Reffett and John Stachurski

**International Journal of Economic Theory**, 1 (1), 57–72, 2005

Stability of Stochastic Optimal Growth Models: A New Approach

Kazuo Nishimura and John Stachurski

**Journal of Economic Theory**, 122 (1), 100–118, 2005

Stochastic Growth with Increasing Returns: Stability and Path Dependence

John Stachurski

**Studies in Nonlinear Dynamics and Econometrics**, 7 (2), Article 1, July 2003

Stochastic Growth: Asymptotic Distributions

John Stachurski

**Economic Theory**, 21 (4), 913–919, 2003

Economic Dynamical Systems with Multiplicative Noise

John Stachurski

**Journal of Mathematical Economics**, 39 (1–2), 135–152, 2003

Stochastic Optimal Growth with Unbounded Shock

John Stachurski

**Journal of Economic Theory**, 106 (1), 40–65, 2002

Nonlinear Dynamics in Equilibrium Models: Chaos, Cycles and Indeterminacy

John Stachurski, Alain Venditti and Makoto Yano (eds)

**Springer**, 2012

Corrigendum to “An Impossibility Theorem for Wealth in Heterogeneous-agent Models with Limited Heterogeneity”

John Stachurski and Alexis Akira Toda

**Journal of Economic Theory**, in press 2020

A Hilbert Space Central Limit Theorem for Geometrically Ergodic Markov Chains

John Stachurski

ANU Working paper

Discrete Time Models in Economic Theory

Kazuo Nishimura and John Stachurski

**CUBO**, 6 (1), 187–207, 2004

A lecture series on optimal growth theory

My PhD Thesis