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Matching and saving in continuous time : theory
Bayer, Christian; Wälde, Klaus - 2010
Persistent link: https://www.econbiz.de/10003964128
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Matching and saving in continuous time : proofs
Bayer, Christian; Wälde, Klaus - 2010
Persistent link: https://www.econbiz.de/10003964131
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Matching and saving in continuous time : proofs
Bayer, Christian; Wälde, Klaus - 2010
This paper provides the proofs to the analysis of a continuous time matching model with saving in Bayer and Wälde (2010a). The paper proves the results on consumption growth, provides an existence proof for optimal consumption and a detailed derivation of the Fokker-Planck equations. --...
Persistent link: https://www.econbiz.de/10003965877
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Describing the dynamics of distributions in search and matching models by Fokker-Planck equations
Bayer, Christian; Wälde, Klaus - 2011
Persistent link: https://www.econbiz.de/10009355828
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A Poisson-Ramsey growth model with endogenous cycles
Wälde, Klaus - 1997
Persistent link: https://www.econbiz.de/10000988322
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On the endogeneity of Kondratieff cycles
Wälde, Klaus - 1997
Persistent link: https://www.econbiz.de/10000988327
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A model of creative destruction with undiversifiable risk and optimal saving
Wälde, Klaus - 1997
Persistent link: https://www.econbiz.de/10000988328
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Optimal saving under Poisson uncertainty
Wälde, Klaus - 1997
Persistent link: https://www.econbiz.de/10000988398
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The Invariant Distribution of Wealth and Employment Status in a Small Open Economy with Precautionary Savings
Bayer, Christian - 2019
We study optimal savings in continuous time with exogenous transitions between employment and unemployment as the only … dynamics of consumption and wealth between jumps can be expressed as a Fuchsian system. We derive conditions under which an … invariant joint distribution for the state variables, i.e., wealth and labour market status, exists and is unique. We also …
Persistent link: https://www.econbiz.de/10012892186
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Matching and Saving in Continuous Time : Proofs
Bayer, Christian - 2010
This paper provides the proofs to the analysis of a continuous time matching model with saving in Bayer and Wälde (2010a). The paper proves the results on consumption growth, provides an existence proof for optimal consumption and a detailed derivation of the Fokker-Planck equations
Persistent link: https://www.econbiz.de/10013144211