Showing 1 - 10 of 24,961
This paper demonstrates the existence of a finite set of equilibria in the case of the indeterminacy of linear rational … eigenvectors related to stable eigenvalues. A finite set of equilibria is a substitute to continuous (uncountable) sets of sunspots …
Persistent link: https://www.econbiz.de/10011525764
This paper demonstrates the existence of a finite set of equilibria in the case of the indeterminacy of linear rational … eigenvectors related to stable eigenvalues. A finite set of equilibria is a substitute to continuous (uncountable) sets of sunspots …
Persistent link: https://www.econbiz.de/10010378075
This paper demonstates the existence of a finite set of equilibria in the case of the indeterminacy of linear rational … eigenvectors related to stable eigenvalues. A finite set of equilibria is a substitute to continuous (uncountable) sets of sunspots …
Persistent link: https://www.econbiz.de/10011112237
This paper demonstates the existence of a finite set of equilibria in the case of the indeterminacy of linear rational … eigenvectors related to stable eigenvalues. A finite set of equilibria is a substitute to continuous (uncountable) sets of sunspots …
Persistent link: https://www.econbiz.de/10010812336
This paper demonstates the existence of a finite set of equilibria in the case of the indeterminacy of linear rational … eigenvectors related to stable eigenvalues. A finite set of equilibria is a substitute to continuous (uncountable) sets of sunspots …
Persistent link: https://www.econbiz.de/10011025992
This paper demonstrates the existence of a finite set of equilibria in the case of the indeterminacy of linear rational … eigenvectors related to stable eigenvalues. A finite set of equilibria is a substitute to continuous (uncountable) sets of sunspots …
Persistent link: https://www.econbiz.de/10013050390
This paper proposes conditions for the existence and uniqueness of solutions to systems of linear differential or algebraic equations with delays or advances, in which some variables may be non predetermined. The obtained conditions represent the counterpart of the Blanchard and Kahn conditions...
Persistent link: https://www.econbiz.de/10010607678
This paper proposes conditions for the existence and uniqueness of solutions to systems of linear differential or algebraic equations with delays or advances, in which some variables may be non-predetermined. These conditions represent the counterpart to the Blanchard and Kahn conditions for the...
Persistent link: https://www.econbiz.de/10011107980
In this paper we use global analysis techniques to investigate an economic growth model with environmental negative externalities, giving rise to a three-dimensional dynamic system (the framework is the one introduced by Wirl (1997)). The dynamics of our model admits a locally attracting steady...
Persistent link: https://www.econbiz.de/10008555459
Previous literature has shown that local indeterminacy and local instability can arise in two-sector models when factor … basis. We identify a previously unnoticed source of indeterminacy that arises when there are value intensity - physical …
Persistent link: https://www.econbiz.de/10005178575