Krawczyk, Jacek B.; Judd, Kenneth L. - Volkswirtschaftliche Fakultät, … - 2014
Viability theory is the study of dynamical systems that asks what set of initial conditions will generate evolutions which obey the laws of motion of a system and some state constraints, for the length of the evo- lution. We apply viability theory to Judd’s (JPE, 1987) dynamic tax model to...