Meyer-Gohde, Alexander - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2008
58; E61
Keywords: Nonautonomous difference equations; Indeterminacy; Taylor rule; Sticky
information; Sticky prices
I am … derivation of
conditions for saddle-path stability in the system of nonautonomous homogenous linear
difference equations that ….g., Theorem 3.15 of Elaydi
(2005, p. 130), the solution to a system of difference equations can be split into a particu-
lar and a …