conditions on the existence of a solution in such models. These results give determinacy conditions for models with occasionally …

end, we derive existence and uniqueness conditions for otherwise linear models with OBCs. Our main result gives necessary …

conditions on the existence of a solution in such models. These results give determinacy conditions for models with occasionally …

source of uncertainty in a small open economy. We prove the existence of an optimal consumption path. We exploit that the …

results on the existence of a solution in the presence of such terminal conditions. These results give determinacy conditions …

We present the first necessary and sufficient conditions for the existence of a unique perfect-foresight solution … conditions on the existence of a solution in such models, and provide a proof of the inescapability of the "curse of …

belief-driven recessions. To aid in finding policies that avoid this, we derive existence and uniqueness conditions for …. We also derive equilibrium existence conditions under rational expectations for arbitrary non-linear models. …