# General Definition of Steady State?

Would this general definition suffice for any steady state:

In steady state allocations and prices are constant (or growing at constant rate)

So for instance if I define an Arrow-Debreu equilibrium with prices and allocations, I can for every price and allocation generally say:

$$x_{t}$$ = $$x_{t+1}$$ = $$x$$

Is there a standard agreed upon definition that I can always rely on?

• economics.stackexchange.com/questions/25770/… Dec 10 '21 at 11:41