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On the policy function in continuos time economic models

dc.affiliation.dptoUC3M. Departamento de Economíaes
dc.contributor.authorSantos, Manuel S.
dc.contributor.editorUniversidad Carlos III de Madrid. Departamento de Economíaes
dc.date.accessioned2008-07-21T10:12:44Z
dc.date.available2008-07-21T10:12:44Z
dc.date.issued1991-02
dc.description.abstractIn this paper, I consider a general class of continuous-time economic models with unbounded horizon. I study the sets of conditions under which the policy function is continuous, Lipschitz continuous, and Cl differentiable. 1 also single out certain postulates which may prevent higher-order differentiability. The analysis provides, therefore, a fmn foundation to the use of dynamic programming methods in continuous time models with unbounded horizones
dc.format.mimetypeapplication/pdf
dc.identifier.issn2340-5031
dc.identifier.urihttps://hdl.handle.net/10016/2763
dc.language.isoenges
dc.relation.ispartofseriesWorking Paperses
dc.relation.ispartofseries1991-04es
dc.rights.accessRightsopen access
dc.subject.ecienciaEconomía
dc.subject.otherPolicy Functionses
dc.subject.otherContinuous Time Modelses
dc.subject.otherContinuityes
dc.subject.otherLipschitz Continuityes
dc.subject.otherDifferentiabilityes
dc.titleOn the policy function in continuos time economic modelses
dc.typeworking paper*
dspace.entity.typePublication
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