Bhattacharya, Joydeep; Bunzel, Helle - In: Economics Bulletin 5 (2003) 19, pp. 1-10
This paper takes a discrete-time adaptation of the continuous-time matching economy described in Pissarides (1990, 2000), and computes the solution to the dynamic planning problem. The solution is shown to be completely characterized by a first-order, non-linear map. We show that the map admits...
